The Insolvency (Company Arrangement or Administration Provisions for an Industrial and Provident Society) Order (Northern Ireland) 2008

Administration of Society

2.—(1) The following provisions shall apply in relation to the Society, that is to say—

(a) Parts II and III of the Insolvency Order; and

(b) Section 899 of the Companies Act 2006(1);

(2) Accordingly for the purposes of those provisions as applied by paragraph (1), references to a company in any statutory provision (including the Insolvency Rules) shall include a reference to the Society and in relation to the Society

(a) references to Registrar shall be construed in accordance with the 1969 Act;

(b) “registered” shall have the same meaning as in the 1969 Act;

(c) references to the liquidation of a company by virtue of a resolution for voluntary winding up include a reference to the passing of a resolution for the winding up of the society under section 64 of the 1969 Act; and references to the liquidation of a company by virtue of an order of the Northern Ireland High Court include the liquidation of the society pursuant to that section;

(d) references to the officers of a company include a reference to the Directors of the Society.

(1)

2006 c.46; Article 418 of the Companies (Northern Ireland) Order 1986 as referred to in Article 10(3) of the Insolvency (Northern Ireland) Order 2005 was repealed and replaced by s. 899 of the Companies Act 2006: see the Companies Act 2006 (Commencement No. 5, Transitional Provisions and Savings) Order 2007 (S.I. 2007/3459)