Receivers and managersU.K.
12(1)Section 48 (report by administrative receiver - England and Wales) is amended as follows.U.K.
(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).
Commencement Information
I1Sch. 9 para. 12 in force at 26.5.2015 for specified purposes by S.I. 2015/1329, reg. 3(d)
I2Sch. 9 para. 12 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. 12 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)
13U.K.In section 49(1) (committee of creditors - England and Wales), for the words from the beginning to “fit” substitute “ Where an administrative receiver has sent or published a report as mentioned in section 48(2) the company's unsecured creditors may, in accordance with the rules ”.
Commencement Information
I4Sch. 9 para. 13 in force at 26.5.2015 for specified purposes by S.I. 2015/1329, reg. 3(d)
I5Sch. 9 para. 13 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)
I6Sch. 9 para. 13 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)
14(1)Section 67 (report by receiver - Scotland) is amended as follows.U.K.
(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).
Commencement Information
I7Sch. 9 para. 14 in force at 26.5.2015 for specified purposes by S.I. 2015/1329, reg. 3(d)
I8Sch. 9 para. 14 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)
I9Sch. 9 para. 14 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)
15U.K.In section 68(1) (committee of creditors - Scotland), for the words from the beginning to “fit” substitute “ Where a receiver has sent or published a report as mentioned in section 67(2) the company's unsecured creditors may, in accordance with the rules ”.
Commencement Information
I10Sch. 9 para. 15 in force at 26.5.2015 for specified purposes by S.I. 2015/1329, reg. 3(d)
I11Sch. 9 para. 15 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)
I12Sch. 9 para. 15 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)