PART 1Introductory provisions
Interpretation2.
In these Regulations—
“the Act” means the Insolvency Act 1986;
“the company” means the company whose business or assets are the subject of the substantial disposal;
“qualifying report” has the meaning given to it in regulation 5;
“previous report” has the meaning given to it in regulation 8;
“relevant property” means the property being disposed of, hired out or sold by the substantial disposal;
“Schedule B1” means Schedule B1 to the Act; and
“substantial disposal” has the meaning given to it in regulation 3.