SCHEDULES

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

PART 1Company insolvency

Company voluntary arrangements

I1I2I32

In section 2(2) (nominee's report on company's proposal), for paragraphs (aa) and (b) substitute—

b

whether, in his opinion, the proposal should be considered by a meeting of the company and by the company's creditors, and

c

if in his opinion it should, the date on which, and time and place at which, he proposes a meeting of the company should be held.