SCHEDULES
SCHEDULE 9Abolition of requirements to hold meetings; opted-out creditors
PART 1Company insolvency
Receivers and managers
I1I2I312
1
Section 48 (report by administrative receiver - England and Wales) is amended as follows.
2
In subsection (1), after “such creditors” insert “
, other than opted-out creditors,
”
.
3
In subsection (2)—
a
in paragraph (a), after “company” insert “
, other than opted-out creditors,
”
;
b
omit the words after paragraph (b).
4
Omit subsection (3).