SCHEDULES
SCHEDULE 1

Moratorium where directors propose voluntary arrangement

Amendments of the Insolvency Act 1986
8
1
Section 233 (conditions which may be imposed on supply of gas, water, electricity, etc.) is amended as follows.
2
In subsection (1)—
a
after paragraph (b) there is inserted—
ba
a moratorium under section 1A is in force, or
,
b
in paragraph (c), for the words from “under Part I” to “section 3” there is substituted “ approved under Part I ”, and
c
after “receiver” (in the second place) there is inserted “ the nominee, ”.
3
In subsection (4)—
a
after paragraph (b) there is inserted—
ba
the date on which the moratorium came into force
,
and
b
in paragraph (c), for the words following “arrangement” there is substituted “ took effect ”.