Small Business, Enterprise and Employment Act 2015

This section has no associated Explanatory Notes

32(1)Section 137 (appointment by Secretary of State) is amended as follows.U.K.

(2)In subsection (2)—

(a)for “meetings are held” substitute “ nominations are sought from the company's creditors and contributories ”;

(b)omit “of those meetings”.

(3)In subsection (5), for the words from “shall” to the end substitute “ must explain the procedure for establishing a liquidation committee under section 141. ”

Commencement Information

I1Sch. 9 para. 32 in force at 26.5.2015 for specified purposes by S.I. 2015/1329, reg. 3(d)