SCHEDULES
SCHEDULE 1 Moratorium where directors propose voluntary arrangement
Amendments of the Insolvency Act 1986
8
1
Section 233 (conditions which may be imposed on supply of gas, water, electricity, etc.) is amended as follows.
2
In subsection (1)—
a
after paragraph (b) there is inserted—
ba
a moratorium under section 1A is in force, or
b
in paragraph (c), for the words from “under Part I” to “section 3” there is substituted “
approved under Part I
”
, and
c
after “receiver” (in the second place) there is inserted “
the nominee,
”
.
3
In subsection (4)—
a
after paragraph (b) there is inserted—
ba
the date on which the moratorium came into force
and
b
in paragraph (c), for the words following “arrangement” there is substituted “
took effect
”
.