Insolvency Act 1986

[F1Chapter 1U.K.Introductory

Textual Amendments

A1OverviewU.K.

(1)This Part contains provision that enables an eligible company, in certain circumstances, to obtain a moratorium, giving it various protections from creditors set out in this Part.

(2)In this Chapter section A2 introduces Schedule ZA1 (which defines what is meant by an “eligible” company).

(3)Chapter 2 sets out how an eligible company may obtain a moratorium.

(4)Chapter 3 sets out for how long a moratorium has effect.

(5)Chapter 4 sets out the effects of a moratorium on the company and its creditors.

(6)Chapter 5 contains provision about the monitor.

(7)Chapter 6 contains provision about challenges.

(8)Chapter 7 contains provision about certain offences.

(9)Chapter 8 contains miscellaneous and general provision, including—

(a)special provision for certain kinds of company;

(b)definitions for the purposes of this Part;

(c)provision about regulations under this Part.

A2Eligible companiesU.K.

Schedule ZA1 contains provision for determining whether a company is an eligible company for the purposes of this Part.]