Part 10Insolvency
Companies etc.
C1248 Replacement of Part II of Insolvency Act 1986
1
The following shall be substituted for Part II of the Insolvency Act 1986 (c. 45) (administration orders)—
Part IIadministration
8 Administration
Schedule B1 to this Act (which makes provision about the administration of companies) shall have effect.
2
The Schedule B1 set out in Schedule 16 to this Act shall be inserted after Schedule A1 to the Insolvency Act 1986.
3
Schedule 17 (minor and consequential amendments relating to administration) shall have effect.
4
The Secretary of State may by order amend an enactment in consequence of this section.
5
An order under subsection (4)—
a
must be made by statutory instrument, and
b
shall be subject to annulment in pursuance of a resolution of either House of Parliament.