Serious Crime Act 2015

This section has no associated Explanatory Notes

21(1)Section 29 (powers to wind up: supplementary) is amended as follows.U.K.

(2)After subsection (1) insert—

(1ZA)The Scottish Ministers may by order make such modifications as they consider appropriate to the application of the Insolvency Act 1986 by virtue of section 27A(2).

(3)In subsection (2)—

(a)after “subsection (1)” insert “ , (1ZA) ”;

(b)after “section 27(3) and (4)” insert “ , 27A(3) and (4) ”.

(4)After subsection (3) insert—

(3ZA)The Scottish Ministers may by order make such consequential or supplementary provision, applying with or without modifications any provision made by or under an enactment including an enactment comprised in, or in an instrument made under, an Act of the Scottish Parliament, as they consider appropriate in connection with section 27A(2) to (4).

(5)In subsection (4)—

(a)after “section 27(5) or (6)” insert “ , 27A(7) ”;

(b)after “subsection (1)” insert “ , (1ZA) ”;

(c)after “enactment” insert “ including, in the case of an order made by virtue of section 27A(7) or subsection (1ZA) above, an enactment comprised in, or in an instrument made under, an Act of the Scottish Parliament. ”

Commencement Information

I1Sch. 1 para. 21 in force at 1.3.2016 by S.I. 2016/148, reg. 3(f)