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SCHEDULES

SCHEDULE 2TRANSITIONAL PROVISIONS

Definition of debt

8.  The amendments made to the Insolvency Order by section 9 apply where a company goes into voluntary liquidation under paragraph 84 of Schedule B1 to the Insolvency Order, except where—

(a)the company entered the preceding administration before the relevant day; or

(b)the company entered the preceding administration by virtue of an administration order under paragraph 11 of Schedule B1 to the Insolvency Order on an application which was made before the relevant day.