SCHEDULE

PART 1AMENDMENTS TO PART 1 OF THE PRINCIPAL RULES

Substitution of Rule 1.8

4.   For Rule 1.8 there is substituted—

Replacement of nominee

1.8.(1) Where a person other than the nominee intends to apply to the court under section 2(4) (1) for the nominee to be replaced (except in any case where the nominee has died), he shall give to the nominee at least 7 days' notice of his application.

(2) Where the nominee intends to apply to the court under section 2(4) to be replaced, he shall give at least 7 days' notice of his application to the person intending to make the proposal.

(3) [[FORM 1.8 (Scot)]] No appointment of a replacement nominee shall be made by the court unless there is lodged in court a statement by the replacement nominee—

(a)indicating his consent to act; and

(b)that he is qualified to act as an insolvency practitioner in relation to the company or is an authorised person in relation to the company..

(1)

Section 2(4) was amended by section 2 of, and paragraph 3(b) of Schedule 2 to, the Insolvency Act 2000.