94. In Article 14(3) (stay of enforcement in cases of insolvency)—
(a)omit sub-paragraph (a)(i);
(b)in sub-paragraph (b) at end add—
“(iv)the directors of the company will make a proposal to the company and its creditors for a voluntary arrangement under Part II of the Insolvency (Northern Ireland) Order 1989, or
(v)an application will be made to the court for an administration order under Part III of that Order of 1989, or”.