SCHEDULE 1Amendments to the Insolvency Rules 1986

Amendments to Rule 2.9384

1

Rule 2.93 (test of security’s value) is amended as follows.

2

In paragraph (1), for “Rule 2.90” substitute “Rule 2.92”.

3

After paragraph (2) add—

3

This Rule does not apply if the security has been revalued and the revaluation has been approved by the court.