Section A16(3)

For the purposes of this section a company enters into a relevant insolvency procedure if— a voluntary arrangement takes effect under section 5 in relation to the company, the company enters administration (within the meaning of Schedule B1 (see paragraph 1(2)(b) of that Schedule)), paragraph 44 of Schedule B1 (administration: interim moratorium) begins to apply in relation to the company, or the company goes into liquidation (see section 247).

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