PART 10Insolvency

Progress reports

136Voluntary winding-up: progress reports

(1)

The Insolvency Act 1986 is amended as follows.

(2)

In section 92A (progress reports in members' voluntary winding-up)—

(a)

in subsection (1), for the words from “in the event” to “one year,” substitute “ where the company is registered in England and Wales ”;

(b)

in the heading, omit “at year's end”.

(3)

In section 104A (progress reports in creditors' voluntary winding-up)—

(a)

in subsection (1), for the words from “If the” to “one year,” substitute “ Where the company is registered in England and Wales ”;

(b)

in the heading, omit “at year's end”.

(4)

In the table in Schedule 10 (punishment of offences)—

(a)

in the entry for section 92A(2), in column 2, omit “at year's end”;

(b)

in the entry for section 104A(2), in column 2, omit “at year's end”.