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SCHEDULES

SCHEDULE 11Winding-up petitions: Northern Ireland

PART 2Restriction on winding-up petitions and orders

Modifications of 1989 Order

13In Article 172 of the 1989 Order (misconduct in course of winding up), paragraph (2) has effect as if the reference to 12 months immediately preceding the commencement of the winding up were to a period which—

(a)begins with whichever is the later of—

(i)the day 12 months before the day on which the petition was presented, and

(ii)the day 18 months before the day on which the winding-up order was made, and

(b)ends with the day on which the winding-up order was made.