PART 1“Relevant period” and powers to turn off temporary provision
“Relevant period”
1In this Schedule “relevant period” means the period which—
(a)begins with the day on which this Schedule comes into force, and
(b)ends with 30 September 2020.
Power to turn off particular provisions of Part 2 of this Schedule early
2(1)The Secretary of State may by regulations made by statutory instrument provide for any provision made by Part 2 of this Schedule to cease to have effect before the end of the relevant period.
(2)The regulations may include transitional provision or savings.
(3)A statutory instrument containing regulations under sub-paragraph (1) is subject to annulment in pursuance of a resolution of either House of Parliament.
Power to turn off provisions of Parts 3 and 4 of this Schedule early etc
3Rules under section 411 of the Insolvency Act 1986 may provide for any provision made by paragraphs 13 to 51 or 53 to 90 to cease to have effect before the end of the relevant period.
4Rules under section 411 of the Insolvency Act 1986 may make transitional provision or savings in connection with any provision made by paragraphs 13 to 51 or 53 to 90 ceasing to have effect (whether by virtue of paragraph 3 or 12).