The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011

The Insolvency Act 1986 (c.45)

This sectionnoteType=Explanatory Memorandum has no associated

6.  (1)  The Insolvency Act 1986(1) is amended as follows.

(2) In section 24(6) (consideration of proposals by creditors’ meeting) as it has effect by virtue of—

(a)section 249(1) of the Enterprise Act 2002(2) (special administration regimes), or

(b)article 3(2) or (3) of the Enterprise Act 2002 (Commencement No. 4 and Transitional Provisions and Savings) Order 2003(3) (other purposes),

for “an office copy” substitute “a copy”.

(3) In section 76(2)(b) (liability of past directors and shareholders), for “statutory declaration” and “declaration” substitute “statement”.

(4) In section 122(1) (circumstances in which company may be wound up by the court), omit paragraph (e)(4).

(1)

Part 2 of the Act, including section 24, was replaced by section 248(1) of the Enterprise Act 2002 (c.40) but the operation of the original provisions was saved for the purposes indicated.

(3)

S.I. 2003/2093, to which there are amendments not relevant to this Order.

(4)

Section 122(1)(e) was amended by S.I. 1992/1699.