Schedule 4, Part 3, paragraph 28(A1)

Subject to paragraph (B1), a decision to consent to a revised end date for a moratorium under section A12 of the Act is made if, of those voting— a majority (in value) of the pre-moratorium creditors who are secured creditors vote in favour of the proposed decision, and a majority (in value) of the pre-moratorium creditors who are unsecured creditors vote in favour of the proposed decision.

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