SCHEDULE 4Modified application of insolvency rules in relation to relevant societies

PART 2Modified application of the Insolvency Rules 1986

Meetings and reports19

Rule 2.49 (venue and conduct of company meeting) has effect as if—

a

paragraphs (1) to (4) and (7) were omitted; and

b

in paragraph (5A) for sub-paragraph (a) there were substituted—

a

in the case of a relevant society (within the meaning given in section 74(1) of the Industrial and Provident Societies Act 196580), in accordance with the law of England and Wales;