Schedule B1, paragraph 51(3)

The “initial decision date” for that decision— if the decision is initially sought using the deemed consent procedure, is the date on which a decision will be made if the creditors by that procedure approve the proposals, and if the decision is initially sought using a qualifying decision procedure, is the date on or before which a decision will be made if it is made by that qualifying decision procedure (assuming that date does not change after the procedure is instigated).

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Source: legislation.gov.uk · retrieved 2026-09-04