SCHEDULE 1Modified application of Parts 1 and 2 of the Insolvency Act 1986 to relevant societies

PART 3Modified application of Part 2 of the Insolvency Act 1986 to relevant societies (further modifications)

10.  In this Part—

(a)a reference to a numbered paragraph is a reference to the paragraph so numbered in Schedule B1 to the 1986 Act (administration)(1); and

(b)a reference to a sub-paragraph is a reference to a sub-paragraph of such a paragraph.

(1)

Schedule B1 was inserted by the Enterprise Act 2002, section 248(2) and Schedule 16; and was amended by the Financial Services Act 2012, Schedule 18, paragraphs 51 and 55, and by S.I. 2003/2096, 2008/948 and 2008/1897. There are other amendments not relevant to this Order.