4.—(1) Where a winding up by the High Court has commenced, or is treated as having commenced, before the commencement date, the official receiver or (on appeal from a refusal by him) the Court may, at any time on or after that date—
(a)release a person from an obligation imposed on him by or under Article 489 of the Companies Order (statement of affairs), or
(b)extend the period specified in paragraph (6) of that Article.
(2) Accordingly, on and after the commencement date, Article 489(6) of the Companies Order has effect in relation to a winding up to which this paragraph applies with the omission of the words from “or within” onwards.