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- Original (As made)
This is the original version (as it was originally made).
2.Application to relevant societies of law about company arrangements and administration
Modified application of Parts 1 and 2 of the Insolvency Act 1986 to relevant societies
13.Appointment of administrator by holder of floating charge
14.Paragraph 15 (restrictions on power to appoint) has effect as...
16.In paragraph 45 (publicity) sub-paragraph (3) has effect as if...
17.Paragraph 46 (announcement of administrator’s appointment) has effect as if...
19.Paragraph 51 (requirement for initial creditors’ meeting) has effect as...
20.Paragraph 52 (requirement for initial creditors’ meeting) has effect as...
21.In paragraph 53 (business and result of initial creditors’ meeting),...
22.Paragraph 54 (revision of administrator’s proposals) has effect as if—...
23.In paragraph 55 (failure to obtain approval of administrator’s proposals)...
24.Paragraph 56 (further creditors’ meetings) has effect as if—
25.In paragraph 58 (correspondence instead of creditors’ meeting)—
27.Paragraph 61 (removal and appointment of director) has effect as...
28.In paragraph 64 (exercise of management power), in sub-paragraph (2)(b)...
29.In paragraph 65 (distribution) sub-paragraph (1) has effect as if...
31.In paragraph 84 (moving from administration to dissolution) sub-paragraph (5)...
33.Paragraph 96 (substitution of administrator: competing floating charge-holder) has effect...
Modified application of Part 26 of the Companies Act 2006 to relevant societies
1.Unless the context otherwise requires and subject to any further...
3.In section 895 (application of Part 26) subsection (2) has...
4.In section 899 (court sanction for compromise or arrangement)—
5.Section 900 (powers of court to facilitate reconstruction or amalgamation)...
6.Section 901 (obligations of company with respect to articles etc.)...
8.In paragraph 7— “PRA-authorised person” has the meaning given in...
Modified application of other provisions of the Insolvency Act 1986
Modified application of insolvency rules in relation to relevant societies
PART 2 Modified application of the Insolvency Rules 1986
3.This Part modifies the Parts of the Insolvency Rules 1986...
4.Unless the context otherwise requires and subject to any further...
5.The applied provisions have effect as if they provided that...
6.The applied provisions have effect with the further modifications set...
11.Rule 2.31 (release from duty to submit statement of affairs;...
13.Rule 2.35 has effect as if— (a) paragraph (3) required...
14.Rule 2.37 (meeting requisitioned by creditors) has effect as if...
16.In Rule 2.45 (revision of the administrator’s proposals)—
17.In Rule 2.47 (reports to creditors), in paragraphs (1)(g) and...
18.In Rule 2.48 (correspondence instead of creditors’ meetings)—
19.Rule 2.49 (venue and conduct of company meeting) has effect...
21.Rule 2.69 (debts of insolvent society to rank equally) has...
23.Rule 2.95 (notice of proposed distribution) has effect as if—...
24.In Rule 2.97 (declaration of dividend) member-depositors are to be...
25.Rule 2.98 (notice of declaration of dividend) has effect as...
26.In Rule 2.99 (payment of dividends and related matters), in...
27.Rule 2.100 (notice of no dividend, or no further dividend)...
28.Rule 2.103 (disqualification from dividend) has effect as if it...
30.In Rule 2.113 (notice of end of administration), in paragraphs...
32.(1) Rule 2.122 (application to court to remove administrator from...
PART 3 Modified application of the Insolvency (Scotland) Rules 1986
36.This Part modifies the Parts of the Insolvency (Scotland) Rules...
37.Unless the context otherwise requires and subject to any further...
38.The applied provisions have effect with the further modifications set...
41.Appointment of administrator by holder of floating charge
43.Rule 2.23 (release from duty to submit statement of affairs;...
47.In Rule 2.29 (applicable law (company meetings)) ignore paragraph (a)....
48.In Rule 2.34 (revision of the administrator’s proposals)—
51.Rule 2.41 (distributions to creditors) has effect in relation to...
54.(1) Rule 2.53 (application to replace administrator) and Rule 2.56...
56.Rule 7.7 (quorum) has effect in relation to a relevant...
57.Rule 7.12 (resolutions) has effect in relation to a meeting...
Application of other subordinate legislation with modifications
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Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
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