SCHEDULES

SCHEDULE 11 Transitional Provisions and Savings

Part I Company Insolvency and Winding Up

Saving for power to make rules

8

1

Paragraphs 4 to 7 are without prejudice to the power conferred by this Act under which rules made under section 411 may make transitional provision in connection with the coming into force of those rules.

2

Such provision may apply those rules in relation to a winding up notwithstanding that the winding up commenced, or is treated as having commenced, before the coming into force of the rules or section 411.