The Companies (Cross-Border Mergers) Regulations 2007

PART 5AMENDMENTS TO LEGISLATION ON INSOLVENCY

65.—(1) Schedule B1 to the Insolvency Act 1986(1) is amended as follows.

(2) In paragraph 73(2)(b) omit “or”.

(3) At the end of paragraph 73(2)(c) insert—

“or

(d)a proposal for a cross-border merger within the meaning of regulation 2 of the Companies (Cross-Border Mergers) Regulations 2007.”.

(4) In paragraph 74(6)(b) after “(compromise with creditors and members)” omit “or”.

(5) After paragraph 74(6)(b) insert—

“(ba)a cross-border merger within the meaning of regulation 2 of the Companies (Cross-Border Mergers) Regulations 2007, or”.

66.—(1) Schedule B1 to the Insolvency (Northern Ireland) Order 1989(2) is amended as follows.

(2) In paragraph 74(2)(b) omit “or”.

(3) At the end of paragraph 74(2)(c) insert—

“or

(d)a proposal for a cross-border merger within the meaning of regulation 2 of the Companies (Cross-Border Mergers) Regulations 2007.”.

(4) In paragraph 75(6)(b) after “(compromise with creditors and members)” omit “or”.

(5) After paragraph 75(6)(b) insert—

“(ba)a cross-border merger within the meaning of regulation 2 of the Companies (Cross-Border Mergers) Regulations 2007, or”.

(1)

1986 c.45. Schedule B1 was inserted by section 248(2) of, and Schedule 16 to, the Enterprise Act 2002 (c.40).

(2)

S.I. 1989/2405 (N.I. 19). Schedule B1 was inserted by Article 3(2) of, and Schedule 1 to, the Insolvency (Northern Ireland) Order 2005 (S.I. 2005/1455 (N.I. 10)).