This section has no associated Explanatory Memorandum
169. In Article 150A(4)(b) of the Insolvency (Northern Ireland) Order 1989 M1 (share of assets for unsecured creditors: exclusion by compromise or arrangement), for “Article 418 of the Companies Order (compromise with creditors and members)” substitute “ Part 26 of the Companies Act 2006 (arrangements and reconstructions) ”.U.K.
Marginal Citations
M1Article 150A was inserted by the Insolvency (Northern Ireland) Order 2005 (S.I. 2005/1455 (N.I. 10)), Article 7.