Schedule 9, Part 2, paragraph 36(11)

In section 923 (directors' explanatory report (division))— in subsection (2), for paragraph (a) (but not the “and” following it) substitute— the required statement explaining the effect of the compromise or arrangement, after that subsection insert— In subsection (2) “the required statement explaining the effect of the compromise or arrangement” means— in a case where a meeting is summoned under section 896 in relation to the compromise or arrangement, the statement required by section 897; in a case where a meeting is summoned under section 901C in relation to the compromise or arrangement, the statement required by section 901D.

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