SCHEDULES

SCHEDULE 9Abolition of requirements to hold meetings; opted-out creditors

PART 1Company insolvency

14Receivers and managers

1

Section 67 (report by receiver - Scotland) 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).