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Section 256(5)

IA 1986
Insolvency Act 1986 · United Kingdom

If the court is satisfied on receiving the nominee’s report that the debtor's creditors should consider the debtor’s proposal, the court shall direct that the period for which the interim order has effect shall be extended, for such further period as it may specify in the direction, for the purpose of enabling the debtor’s proposal to be considered by his creditors in accordance with the following provisions of this Part.

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