Section 13CH

The table imposes obligations on the directors of a company to notify the monitor where a moratorium for the company is extended or comes to an end. After receiving a notice under paragraph (1), other than a notice under entry 4 or 6 of the table, the monitor must notify the relevant persons of when the moratorium ended or, subject to any alteration under or by virtue of any of the provisions mentioned in Article 13C(3) or (4), the moratorium will come to an end. After receiving a notice under entry 4 or 6 of the table, the monitor must notify the relevant persons. If a moratorium comes to an end under Article 13ED (termination by monitor), the monitor must notify the company and the relevant persons of when the moratorium ended. The rules may— make further provision about the timing of a notice required to be given under this Article; require a notice to be accompanied by other documents. If the directors fail to comply with paragraph (1), any director who did not have a reasonable excuse for the failure commits an offence. If the monitor without reasonable excuse fails to comply with any of paragraphs (2) to (4), the monitor commits an offence. In this Article “the relevant persons” means— the registrar, every creditor of the company of whose claim the monitor is aware, in a case where the company is or has been an employer in respect of an occupational pension scheme that is not a money purchase scheme, the Pensions Regulator, and in a case where the company is an employer in respect of such a pension scheme that is an eligible scheme within the meaning given by Article 110 of the Pensions (Northern Ireland) Order 2005, the Board of the Pension Protection Fund.

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