Part 2Trading income

Chapter 19Supplementary

F1259Meaning of “statutory insolvency arrangement”

In this Part “statutory insolvency arrangement” means—

(a)

a voluntary arrangement that has taken effect under or as a result of the Insolvency Act 1986, F2the Insolvency (Northern Ireland) Order 1989 or schedule 4 to the Bankruptcy (Scotland) Act 2016,

F3(b)

a compromise or arrangement that has taken effect under Part 26 F4or 26A of the Companies Act 2006,

(c)

any arrangement or compromise of a kind corresponding to any of those mentioned in paragraph (a) or (b) that has taken effect under or by virtue of the law of a country or territory outside the United Kingdom.