In force2022 Revised EditionCurrent version · 2022 Revised EditionSee versions on Attorney General's Chambers(opens the publisher’s site)
Insolvency Act · 2022 Revised Edition · Part 8
Insolvency Act · 2022 Revised Edition · Part 8
Official textFrom Attorney General's Chambers, unchanged
Where a competent authority grants an authorisation under section 224, it shall give written notice of that fact to the applicant, specifying the date on which the authorisation takes effect.
Where the authority proposes to refuse an application, or to withdraw an authorisation under section 224(5), it shall give the applicant or holder of the authorisation written notice of its intention to do so, setting out particulars of the grounds on which it proposes to act.
In the case of a proposed withdrawal, the notice shall state the date on which it is proposed that the withdrawal should take effect.
Insolvency 182
insolvency
“insolvency”, in relation to a company, includes the approval of a voluntary arrangement or the appointment of a judicial manager;
A notice under subsection (2) shall give particulars of the rights exercisable under section 226 by a person on whom the notice is served.
insolvency
“insolvency”, in relation to a company, includes the approval of a voluntary arrangement or the appointment of a judicial manager;