Schedule A1 (moratorium where directors propose voluntary arrangement)
This section has no associated Explanatory Memorandum
8. Schedule A1 to the 1986 Act has effect as if—
(a)in paragraph 2 (companies eligible for a moratorium) in sub-paragraph (1) the words “if it meets the requirements of paragraph 3,” were omitted;
(b)paragraph 3 (requirements for eligibility for a moratorium) were omitted; and
(c)paragraph 5 (power to modify qualifications for eligibility) were omitted.