General conditionsU.K.
This section has no associated Explanatory Memorandum
7. In section 7(5C) (general conditions) M1—
(a)in paragraph (b), for the words from “determined”, in the first place it occurs, to the end substitute “ is less than the amount of its liabilities, ”;
(b)in paragraph (d), for “one or more of paragraphs (a) to (c)” substitute “ paragraph (b) or (c) (or both) ”.
Marginal Citations
M1Subsection (5C) was substituted, with subsections (1) to (5H), by S.I. 2014/3329.