Small Business, Enterprise and Employment Act 2015

Company voluntary arrangements

This section has no associated Explanatory Notes

5(1)Section 4A (approval of arrangement) is amended as follows.

(2)In subsection (2)—

(a)in paragraph (a) for “both meetings summoned under section 3” substitute “the meeting of the company summoned under section 3 and by the company’s creditors pursuant to that section”;

(b)in paragraph (b) for “creditors’ meeting summoned under” substitute “company’s creditors pursuant to”.

(3)In subsections (3), (4)(a) and (6)(a) for “creditors’ meeting” substitute “company’s creditors”.