Company voluntary arrangements
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Nodiadau Esboniadol
6(1)Section 5 (effect of approval) is amended as follows.
(2)In subsection (2)—
(a)in paragraph (a) for “creditors’ meeting” substitute “time the creditors decided to approve the voluntary arrangement”;
(b)in paragraph (b)(i) for the words from “at that” to “it)” substitute “in the qualifying decision procedure by which the creditors’ decision to approve the voluntary arrangement was made”.
(3)In subsection (4)(a) after “4(6)” insert “and (6A)”.