C2C1C3C4F1Part A1Moratorium

Annotations:
Amendments (Textual)
Modifications etc. (not altering text)
C2

Pt. A1 excluded by S.I. 2012/3013, Sch. 1 para. 1(2A) (as inserted (26.6.2020) by Corporate Insolvency and Governance Act 2020 (c. 12), s. 49(1), Sch. 3 para. 49(4) (with ss. 2(2), 5(2)))

C1

Pt. A1 power to apply (with modifications) conferred by 2011 c. 25, s. 247A (as inserted (26.6.2020) by Corporate Insolvency and Governance Act 2020 (c. 12), s. 49(1), Sch. 3 para. 45 (with ss. 2(2), 5(2)))

CHAPTER 5The monitor

A40Application of Part where two or more persons act as monitor

1

Where two or more persons act jointly as the monitor—

a

a reference in this Act to the monitor is a reference to those persons acting jointly;

b

where an offence of omission is committed by the monitor, each of the persons appointed to act jointly—

i

commits the offence, and

ii

may be proceeded against and punished individually.

2

Where persons act jointly in respect of only some of the functions of the monitor, subsection (1) applies only in relation to those functions.

3

Where two or more persons act concurrently as the monitor a reference in this Act to the monitor is a reference to any of the persons appointed (or any combination of them).