Miscellaneous amendments
46Time limits for sequestration of limited partnership
(1)
In section 8 of the 1985 Act (further provisions relating to presentation of petitions), for subsection (2) substitute—
“(2)
A petition for the sequestration of the estate of a limited partnership may be presented—
(a)
by a qualified creditor or qualified creditors only if the apparent insolvency founded on in the petition was constituted within 4 months (or such other period as may be prescribed) before the date of presentation of the petition, or
(b)
at any time by—
(i)
a temporary administrator,
(ii)
a member State liquidator appointed in main proceedings, or
(iii)
a trustee acting under a trust deed.”.
(2)
In section 8A of the 1985 Act (further provisions relating to debtor applications), for subsection (2) substitute—
“(2)
A debtor application made in relation to the estate of a limited partnership may be made—
(a)
at any time, or
(b)
within such time as may be prescribed.”.