25(1)Section 101 (appointment of liquidation committee) is amended as follows.U.K.
(2)For subsection (1) substitute—
“(1)The creditors may in accordance with the rules appoint a committee (“the liquidation committee”) of not more than 5 persons to exercise the functions conferred on it by or under this Act.”
(3)In subsection (3)—
(a)for “resolve” (in both places) substitute “ decide ”;
(b)for “the persons mentioned in the resolution” (in both places) substitute “ those persons ”.
Commencement Information
I1Sch. 9 para. 25 in force at 26.5.2015 for specified purposes by S.I. 2015/1329, reg. 3(d)
I2Sch. 9 para. 25 in force at 6.4.2017 for E.W. in so far as not already in force by S.I. 2016/1020, reg. 4(e) (with reg. 5) (as amended by S.I. 2017/363, reg. 3)
I3Sch. 9 para. 25 in force at 6.4.2019 for S. in so far as not already in force by S.I. 2019/816, reg. 4(c) (with reg. 5)