Section 436B(2)

Subsection (1) does not apply to the following provisions— section 53 (mode of appointment by holder of charge), section 67(2) (report by receiver), section 70(4) (reference to instrument creating a charge), section 111(2) (dissent from arrangement under s. 110), in the case of a winding up of a company registered in Scotland, section 111(4), section 123(1) (definition of inability to pay debts), section 198(3) (duties of sheriff principal as regards examination), section 222(1) (inability to pay debts: unpaid creditor for £750 or more), and section 223 (inability to pay debts: debt remaining unsatisfied after action brought).

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