SCHEDULES

SCHEDULE 5Conduct of housing administration: companies

PART 2Further modifications of Schedule B1 to Insolvency Act 1986: foreign companies

Modifications

I137

Paragraph 44(7) of Schedule B1 to the Insolvency Act 1986 (proceedings to which interim moratorium does not apply) is to have effect as if for paragraph (d) there were substituted—

d

the carrying out of functions by a person who (whenever appointed) has functions equivalent to those of an administrative receiver of the company.