UKPGA-2017-19 Technical and Further Education Act 2017 UK

confers functions on the Institute in relation to technical education qualifications,

makes provision about the sharing of information,

makes provision about the charging of fees by the Institute in connection with evaluations of the quality of apprenticeship assessments, and

makes transitional provision.

after “42A,” insert “ 42B, ”;

after “42A(6),” insert “ 42B(9) ”.

Chapter 2 ensures that normal insolvency procedures apply to further education bodies that are statutory corporations;

Chapter 3 restricts the use of normal insolvency procedures;

Chapter 4 creates a special administration regime;

Chapter 5 is about the treatment of trust property held by certain bodies;

Chapter 6 imposes restrictions on existing procedures for dissolution;

Chapter 7 confers power to make provision about the disqualification of members of further education bodies.

a further education body in England, or

a further education body in Wales.

a further education corporation in England,

a sixth form college corporation, or

a company conducting a designated further education institution in England.

a further education corporation in Wales, or

a company conducting a designated further education institution in Wales.

voluntary arrangements,

administration,

creditors' voluntary winding up, and

winding up by the court,

any modifications or omissions specified in regulations made by the Secretary of State, and

sections 9 to 12 (restrictions on normal insolvency procedures to facilitate special administration).

Part 1 (company voluntary arrangements);

Part 2 (administration);

Part 3 (receivership);

Part 4 (winding up);

Parts 6, 7 and 12 to 18 (supplementary provision).

providing for any legislation about insolvency to apply in relation to a further education body that is a statutory corporation (with or without modifications);

amending, or modifying, any legislation about insolvency as it applies in relation to a further education body that is a statutory corporation.

the delivery to the registrar of companies of documents that relate to the insolvency of further education bodies;

the registrar's function of keeping records of information contained in such documents under section 1080(1) of the Companies Act 2006;

the publication of, or access to, those records or related information.

to impose requirements on a person who delivers a document to the registrar in relation to the insolvency of a further education body to provide supplementary information;

to confer power on the registrar to make rules in accordance with section 1117 of the Companies Act 2006 imposing such requirements.

an education administration order is in force in relation to the further education body, or

an education administration order has been made in relation to the further education body but is not yet in force.

notice of the application has been given to the appropriate national authority,

a period of at least 14 days has elapsed since that notice was given, and

there is no outstanding education administration application.

paragraph 14 of Schedule B1 to the Insolvency Act 1986, in relation to a further education body that is a company, or

paragraph 22 of Schedule B1 to the Insolvency Act 1986, in relation to any further education body.

an education administration order is in force in relation to the further education body,

an education administration order has been made in relation to the further education body but is not yet in force, or

an education administration application in relation to the further education body is outstanding,

that notice of the appointment has been given to the appropriate national authority, accompanied by a copy of every document in relation to the appointment that is filed or lodged with the court in accordance with paragraph 18 or 29 of Schedule B1 to the Insolvency Act 1986,

that a period of at least 14 days has elapsed since that notice was given,

that there is no outstanding education administration application in relation to the further education body, and

that the making of an education administration application in relation to the further education body has not resulted in the making of an education administration order which is in force or is still to come into force.

notice of the petition has been given to the appropriate national authority, and

a period of at least 14 days has elapsed since that notice was given.

its powers under section 125 of the Insolvency Act 1986 (other than its power of adjournment), and

its powers under section 135 of the Insolvency Act 1986.

notice of the application has been given to the appropriate national authority, and

a period of at least 14 days has elapsed since that notice was given.

notice of the intention to do so has been given to the appropriate national authority, and

a period of at least 14 days has elapsed since the notice was given.

has not yet been granted or dismissed, and

has not been withdrawn.

an appeal has been brought and has not been determined or withdrawn,

an application for permission to appeal has been made but has not been determined or withdrawn, or

no appeal has been brought and the period for bringing one is still running.

it can be used where a further education body is unable to pay its debts or is likely to become unable to pay its debts,

the court appoints an education administrator on the application of the appropriate national authority, and

the education administrator manages the body's affairs, business and property with a view to avoiding or minimising disruption to the studies of existing students.

avoid or minimise disruption to the studies of the existing students of the further education body as a whole, and

ensure that it becomes unnecessary for the body to remain in education administration for that purpose.

rescuing the further education body as a going concern,

transferring some or all of its undertaking to another body,

keeping it going until existing students have completed their studies, or

making arrangements for existing students to complete their studies at another institution.

to the further education body to which the application relates, and

to any person specified in education administration rules (for those rules, see section 32).

is unable to pay its debts, or

is likely to become unable to pay its debts.

is in administration under Schedule B1 to the Insolvency Act 1986, or

has gone into liquidation (within the meaning of section 247(2) of the Insolvency Act 1986).

grant the application,

adjourn the application conditionally or unconditionally,

dismiss the application,

make an interim order,

treat that application as a winding-up petition and make any order the court could make under section 125 of the Insolvency Act 1986 (power of court on hearing winding-up petition), or

make any other order that it thinks appropriate.

restrict the exercise of a power of the further education body,

in the case of a further education body that is a statutory corporation, restrict the exercise of a power of its members,

in the case of a further education body that is a company, restrict the exercise of a power of its directors, and

make provision conferring a discretion on a person who would be qualified to act as an insolvency practitioner in relation to the further education body.

at the time appointed by the court, or

if no time is appointed by the court, when the order is made.

which (if any) of the functions of the education administrator are to be carried out only by the appointees acting jointly,

the circumstances (if any) in which the functions of an education administrator are to be carried out by one of the appointees, or by particular appointees, acting alone, and

the circumstances (if any) in which things done in relation to one of the appointees, or in relation to particular appointees, are to be treated as done in relation to all of them.

the company's creditors as a whole, and

subject to that, the company's members as a whole.

liabilities incurred in connection with the carrying out of functions by the education administrator, and

loss or damage sustained in that connection.

is confined to a power to agree to indemnify persons in respect of liabilities, loss and damage incurred or sustained by them as relevant persons, but

includes power to agree to indemnify persons (whether or not they are identified or identifiable at the time of the agreement) who subsequently become relevant persons.

the education administrator;

an employee of the education administrator;

a partner or employee of a firm of which the education administrator is a partner or employee;

a partner of a firm of which the education administrator was an employee or partner at a time when the order was in force;

a body corporate which is the employer of the education administrator;

an officer, employee or member of such a body corporate;

a Scottish firm which is the employer of the education administrator or of which the education administrator is a partner.

references to the education administrator are to be read, where two or more persons are appointed as the education administrator, as references to any one or more of them, and

references to a firm of which a person was a partner or employee at a particular time include a firm which holds itself out to be the successor of a firm of which the person was a partner or employee at that time.

any amounts in or towards the repayment of that sum that the appropriate national authority directs, and

interest on amounts outstanding under this subsection at whatever rates the appropriate national authority directs.

as soon as possible after the end of the financial year in which the sum is paid out, and

if subsection (2) applies to the sum, as soon as possible after the end of each subsequent financial year in relation to which the repayment condition has not been met.

the whole of the sum has been repaid to the appropriate national authority before the beginning of the year, and

the further education body was not at any time during the year liable to pay interest on amounts that became due in respect of the sum.

the repayment of any sum borrowed by the body while that order is in force,

the payment of interest on any sum borrowed by the body while that order is in force, and

the discharge of any other financial obligation of the body in connection with the borrowing of any sum while that order is in force.

any amounts in or towards the repayment of that sum that the appropriate national authority directs, and

interest on amounts outstanding under this subsection at whatever rates the appropriate national authority directs.

as soon as possible after the end of the financial year in which the sum is paid out, and

as soon as possible after the end of each subsequent financial year in relation to which the repayment condition has not been met.

the whole of the sum has been repaid to the appropriate national authority before the beginning of the year, and

the further education body was not at any time during the year liable to pay interest on amounts that became due in respect of the sum.

providing for any legislation about insolvency to apply in relation to a further education body (with or without modifications);

amending, or modifying, any legislation about insolvency as it applies in relation to a further education body.

include a person appointed under paragraph 91 or 103 of Schedule B1 to the Insolvency Act 1986, as applied by Schedule 3 or 4 to this Act, to be the education administrator of the further education body, and

if two or more persons are appointed as the education administrator of the further education body, are to be read in accordance with the provision made under section 21.

consequential, supplementary, incidental, transitional or saving provision;

different provision for different purposes.

England and Wales,

Scotland, and

Northern Ireland.

The Apprenticeships, Skills, Children and Learning Act 2009 is amended as follows.

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In the heading for Chapter A1, after “Apprenticeships” insert “ and technical education ”.

In Chapter A1, before section A1 (and the italic heading before it) substitute—

For the italic heading before section A1 substitute “ Meaning of “approved English apprenticeship” etc ”.

In section A1 (meaning of “approved English apprenticeship”)—

in subsection (3)(a)—

in the following places omit “apprenticeship”—

in subsection (7), for “A2” substitute “ ZA11 ”.

For the italic heading before section A2 substitute “ Apprenticeship assessment plans ”.

after “An” insert “ apprenticeship ”;

for the words from “a person's attainment” to the end substitute “ it is to be assessed whether a person seeking to complete an approved English apprenticeship has attained the outcomes set out in the standard ”.

Omit section A2A (preparation of apprenticeship standards and plans).

In the italic heading before section A2B, at the end insert “ of apprenticeship assessments etc ”.

After section A2D insert—

For the italic heading before section A2E substitute “ Other provision relating to approved English apprenticeships and technical education ”.

In section A2E (regular reviews of published standards and assessment plans), in subsections (1) and (2) after “standard or” insert “ apprenticeship ”.

Omit the italic heading before section A2G.

In section A2G—

after “standard or”, in each place it occurs, insert “ apprenticeship ”;

in subsection (1) (examinations by independent third parties), for “A2A(1)” substitute “ ZA11(3) or section A2(6) ”.

After section A2H insert—

After section A2I insert—

After section A3 insert—

Part 1A (apprenticeships: information sharing) is amended as follows.

In the Part heading, after “Apprenticeships” insert “ and other education and training ”.

After section 40A insert—

In section 40D(3) (interpretation of Part 1A)—

the words from “affects” to the end become paragraph (a);

after that paragraph insert—

In section 121(1) (interpretation of Part 1), at the appropriate places insert—;;.

In section 262(6) (orders and regulations subject to affirmative procedure), after paragraph (aa) insert—.

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The education administrator of a further education body may make a scheme for the transfer of property, rights and liabilities (a “transfer scheme”) from the further education body (“the transferor”) to one or more persons or bodies prescribed for the purposes of section 27B(1) or 33P(1) of the Further and Higher Education Act 1992 (“the transferee”).

A transfer scheme takes effect at the time specified in the scheme.

The education administrator may make a transfer scheme only if—

the transferee consents, and

the appropriate national authority has approved the scheme.

The appropriate national authority may modify a transfer scheme before approving it but only with the consent of the education administrator and the transferee.

A transfer scheme may transfer—

property, rights and liabilities that could not otherwise be transferred;

property acquired, and rights and liabilities arising, after the making of the scheme.

in accordance with an order of the court under paragraph 71 of Schedule B1 to the Insolvency Act 1986 as applied by Schedule 3 or 4, or

where—

create rights, or impose liabilities, in relation to property or rights transferred;

make provision about the continuing effect of things done by the transferor in respect of anything transferred;

make provision about the continuation of things (including legal proceedings) in the process of being done by, on behalf of or in relation to the transferor in respect of anything transferred;

make provision for references to the transferor in an instrument or other document in respect of anything transferred to be treated as references to the transferee;

make provision for the shared ownership or use of property;

if the TUPE regulations do not apply in relation to the transfer, make provision which is the same or similar.

A certificate by the appropriate national authority that anything specified in the certificate has vested in a person by virtue of a transfer scheme is conclusive evidence for all purposes of that fact.

In this Schedule—

references to rights and liabilities include rights and liabilities relating to a contract of employment;

references to the transfer of property include the grant of a lease.

sections 233 to 237 (management by administrators, liquidators etc);

sections 238 to 241 (transactions at an undervalue and preferences);

section 244 (extortionate credit bargains);

section 246 (unenforceability of liens on books, etc);

section 246ZA to 246ZC (fraudulent and wrongful trading);

section 246ZD (power to assign certain causes of action);

section 246B (use of websites);

section 246C (creditors' ability to opt out of receiving certain notices);

sections 247, 248(b), 249 and 251 (interpretation);

the applicable provisions of Schedule B1 (conduct of administration).

paragraphs 1, 40 to 49, 54, 59, 60, 61 to 68, 71 to 75, 79, 83 to 91, 98 to 104, 106 and 107 and 109 to 111, and

paragraph 50 (until the repeal of that paragraph by Schedule 10 to the Small Business, Enterprise and Employment Act 2015 comes into force).

The provisions of the Insolvency Act 1986 applied by paragraph 1 are to have effect as if for any term specified in column 1 of the table there were substituted the term specified in column 2.

member of the further education body,

principal of the relevant institution, or

if the context requires, both of the above.

a member of the further education body,

the clerk to the further education body,

the chief executive of the relevant institution,

any senior post holder or principal of the relevant institution, or

if the context requires, all of the above.

Paragraphs 4 to 37 set out modifications to the applicable provisions of Schedule B1 to the Insolvency Act 1986 as applied by paragraph 1 above.

Paragraph 1 (administration) is to have effect as if—

for sub-paragraph (1) there were substituted—, and

in sub-paragraph (2), for “Act” there were substituted “ Schedule ”.

Paragraph 40 (dismissal of pending winding-up petition) is to have effect as if sub-paragraphs (1)(b), (2) and (3) were omitted.

Paragraph 41 (dismissal of administrative or other receiver) is to have effect as if—

sub-paragraph (1) were omitted;

in sub-paragraph (3), “administrative receiver or” and “(1) or” were omitted;

in sub-paragraph (4)(a) and (b), “administrative receiver or” were omitted.

Paragraph 42 (moratorium on insolvency proceedings) is to have effect as if sub-paragraphs (4) and (5) were omitted.

Paragraph 43 (moratorium on other legal process) is to have effect as if sub-paragraphs (5) and (6A) were omitted.

Paragraph 44 (interim moratorium) is to have effect as if sub-paragraphs (2) to (4), (6) and (7) were omitted.

Paragraph 45(2) (publicity) is to have effect as if for paragraph (b) there were substituted—.

Paragraph 46(6) (date for notifying administrator's appointment) is to have effect as if for paragraphs (a) to (c) there were substituted “ the date on which the education administration order comes into force ”.

Paragraph 47 (statement of affairs) is to have effect as if—

for sub-paragraph (3)(a) there were substituted—,

in sub-paragraph (3), paragraph (d) were omitted, and

sub-paragraph (5) were omitted.

Paragraph 49 (administrator's proposals) is to have effect as if—

sub-paragraphs (2)(b) and (3) were omitted,

in sub-paragraph (4), after paragraph (a) there were inserted—, and

sub-paragraphs (5)(b) and (6) were omitted.

Paragraph 54 is to have effect as if the following were substituted for it—

Paragraph 60 is to have effect as if the following were substituted for it—

Paragraph 61 is to have effect as if the following were substituted for it—

Paragraph 64 (management powers may not be exercised without consent of the administrator) is to have effect as if in sub-paragraph (1) for “an officer of a company in administration” there were substituted “ the clerk to the further education body or chief executive of the relevant institution ”.

Paragraph 68 (management duties of an administrator) is to have effect as if—

in sub-paragraph (1), for paragraphs (a) to (c) there were substituted “the proposals as—, and

in sub-paragraph (3), for paragraphs (a) to (d) there were substituted “ the directions are consistent with the achievement of the objective of the education administration ”.

Paragraph 71 (charged property: non-floating charge), is to have effect as if, in sub-paragraph (1)—

Paragraph 73 (protection for secured or preferential creditor) is to have effect as if—

in sub-paragraph (2), paragraphs (c) and (d) were omitted, and

in sub-paragraph (3), for “or modified” there were substituted “ under paragraph 54 ”.

Paragraph 74 (challenge to administrator's conduct) is to have effect as if—

sub-paragraph (1) were omitted,

for sub-paragraph (2) there were substituted—,

in sub-paragraph (6), paragraphs (b) to (c) were omitted, and

after that sub-paragraph there were inserted—

Paragraph 75(2) (misfeasance) is to have effect as if—

after paragraph (b) there were inserted—,

at the end of paragraph (c) there were inserted “or”, and

paragraph (e) (and the “or” before it) were omitted.

Paragraph 79 (end of administration) is to have effect as if—

for sub-paragraphs (1) and (2) there were substituted—, and

sub-paragraph (3) were omitted.

Paragraph 83 (notice to registrar when moving to voluntary liquidation) is to have effect as if—

sub-paragraph (2) were omitted, and

in sub-paragraph (3) after “may” there were inserted “ , with the consent of the appropriate national authority, ”.

Paragraph 84 (notice to registrar when moving to dissolution) is to have effect as if—

in sub-paragraph (1), for “to the registrar of companies” there were substituted—,

sub-paragraph (2) were omitted, and

in sub-paragraphs (3) to (6), for “(1)”, in each place, there were substituted “ (1)(b) ”.

Paragraph 87(2) (resignation of administrator) is to have effect as if for paragraphs (a) to (d) there were substituted “ by notice in writing to the court ”.

Paragraph 89(2) (administrator ceasing to be qualified) is to have effect as if for paragraphs (a) to (d) there were substituted “ to the court ”.

Paragraph 90 (filling vacancy in office of administrator) is to have effect as if for “Paragraphs 91 to 95 apply” there were substituted “ Paragraph 91 applies ”.

Paragraph 91 (vacancies in court appointments) is to have effect as if—

for sub-paragraph (1) there were substituted—, and

sub-paragraph (2) were omitted.

Paragraph 98 (discharge from liability on vacation of office) is to have effect as if sub-paragraphs (2)(b) and (ba), (3) and (3A) were omitted.

Paragraph 99 (charges and liabilities upon vacation of office by administrator) is to have effect as if—

in sub-paragraph (3), paragraph (b) were omitted, and

after sub-paragraph (6) there were inserted—

Paragraph 100 (joint and concurrent administrators) is to have effect as if sub-paragraph (2) were omitted.

Paragraph 101(3) (joint administrators) is to have effect as if after “87 to” there were inserted “ 91, 98 and ”.

Paragraph 103 (appointment of additional administrators) is to have effect as if—

in sub-paragraph (2) the words from the beginning to “order” were omitted,

in sub-paragraph (2), for paragraph (a) there were substituted—, and

sub-paragraphs (3) to (5) were omitted.

Paragraph 106(2) (penalties) is to have effect as if paragraphs (a), (b), (f), (g), (i) and (l) to (n) were omitted.

Paragraph 109 (references to extended periods) is to have effect as if “or 108” were omitted.

Paragraph 111 (interpretation) is to have effect as if the following were substituted for it—

Section 251 of the Insolvency Act 1986 (definitions) as applied by paragraph 1 above is to have effect as if—

for the definition of “prescribed” there were substituted—,

the definitions of “officer” and “the rules” were omitted, and

at the appropriate places, there were inserted—,,,,,,,,,,,,,,.

amend paragraph 1(3)(a) so as to add further provisions to the list of applicable provisions in Schedule B1 to the Insolvency Act 1986;

amend this Schedule so as to add further modifications to that Schedule.

sections 233 to 237 (management by administrators, liquidators etc);

sections 238 to 241 (transactions at an undervalue and preferences);

section 244 (extortionate credit bargains);

section 246 (unenforceability of liens on books, etc);

section 246ZA to 246ZC (fraudulent and wrongful trading);

section 246ZD (power to assign certain causes of action);

section 246B (use of websites);

section 246C (creditors' ability to opt out of receiving certain notices);

sections 247, 248(b), 249 and 251 (interpretation);

the applicable provisions of Schedule B1 (conduct of administration).

paragraphs 1, 40 to 49, 54, 59, 60, 61 to 68, 70 to 75, 79, 83 to 91, 98 to 104, 106 and 107 and 109 to 111, and

paragraph 50 (until the repeal of that paragraph by Schedule 10 to the Small Business, Enterprise and Employment Act 2015 comes into force).

The provisions of the Insolvency Act 1986 applied by paragraph 1 are to have effect as if for any term specified in column 1 of the table there were substituted the term specified in column 2.

Paragraphs 4 to 35 set out modifications to the applicable provisions of Schedule B1 to the Insolvency Act 1986 as applied by paragraph 1 above.

Paragraph 1 (administration) is to have effect as if—

for sub-paragraph (1) there were substituted—, and

in sub-paragraph (2), for “Act” there were substituted “ Schedule ”.

Paragraph 40 (dismissal of pending winding-up petition) is to have effect as if sub-paragraphs (1)(b), (2) and (3) were omitted.

Paragraph 42 (moratorium on insolvency proceedings) is to have effect as if sub-paragraphs (4) and (5) were omitted.

Paragraph 43 (moratorium on other legal process) is to have effect as if sub-paragraphs (5) and (6A) were omitted.

Paragraph 44 (interim moratorium) is to have effect as if sub-paragraphs (2) to (4), (6) and (7)(a) to (c) were omitted.

Paragraph 45(2) (publicity) is to have effect as if after paragraph (b) there were inserted—.

Paragraph 46(6) (date for notifying administrator's appointment) is to have effect as if for paragraphs (a) to (c) there were substituted “ the date on which the education administration order comes into force ”.

Paragraph 47 (statement of affairs) is to have effect as if—

in sub-paragraph (3), after paragraph (a) there were inserted—, and

sub-paragraph (5) were omitted.

Paragraph 49 (administrator's proposals) is to have effect as if—

sub-paragraphs (2)(b) and, (3) were omitted,

in sub-paragraph (4), after paragraph (a) there were inserted—, and

sub-paragraph (5)(b) and (6) were omitted.

Paragraph 54 is to have effect as if the following were substituted for it—

Paragraph 60 (powers of an administrator) is to have effect as if the following were substituted for it—

Paragraph 61 is to have effect as if the following were substituted for it—

Paragraph 64 (management powers may not be exercised without consent of the administrator) is to have effect as if in sub-subparagraph (1) after “an officer of a company in administration” there were inserted “ or the chief executive of the relevant institution ”.

Paragraph 68 (management duties of an administrator) is to have effect as if—

in sub-paragraph (1), for paragraphs (a) to (c) there were substituted “the proposals as—, and

in sub-paragraph (3), for paragraphs (a) to (d) there were substituted “ the directions are consistent with the achievement of the objective of the education administration ”.

Paragraph 71 is to have effect as if in sub-paragraph (1), after “dispose” there were inserted“(whether by way of a transfer scheme under Schedule 2 to the Technical and Further Education Act 2017 or otherwise)”.

Paragraph 73 (protection for secured or preferential creditor) is to have effect as if in sub-paragraph (3) for “or modified” there were substituted “ under paragraph 54 ”.

Paragraph 74 (challenge to administrator's conduct) is to have effect as if—

for sub-paragraph (2) there were substituted—,

sub-paragraph (6)—

after that sub-paragraph there were inserted—

Paragraph 75(2) (misfeasance) is to have effect as if after paragraph (b) there were inserted—.

Paragraph 79 (end of administration) is to have effect as if—

for sub-paragraphs (1) and (2) there were substituted—, and

sub-paragraph (3) were omitted.

Paragraph 83 (notice to registrar when moving to voluntary liquidation) is to have effect as if—

sub-paragraph (2) were omitted, and

in sub-paragraph (3) after “may” there were inserted “ , with the consent of the appropriate national authority, ”.

Paragraph 84 (notice to registrar when moving to dissolution) is to have effect as if—

in sub-paragraph (1), for “to the registrar of companies” there were substituted—,

sub-paragraph (2) were omitted, and

in sub-paragraphs (3) to (6), for “(1)”, in each place, there were substituted “ (1)(b) ”.

Paragraph 87(2) (resignation of administrator) is to have effect as if for paragraphs (a) to (d) there were substituted “ by notice in writing to the court ”.

Paragraph 89(2) (administrator ceasing to be qualified) is to have effect as if for paragraphs (a) to (d) there were substituted “ to the court ”.

Paragraph 90 (filling vacancy in office of administrator) is to have effect as if for “Paragraphs 91 to 95 apply” there were substituted “ Paragraph 91 applies ”.

Paragraph 91 (vacancies in court appointments) is to have effect as if—

for sub-paragraph (1) there were substituted—, and

sub-paragraph (2) were omitted.

Paragraph 98 (discharge from liability on vacation of office) is to have effect as if sub-paragraphs (2)(b) and (ba), (3) and (3A) were omitted.

Paragraph 99 (charges and liabilities upon vacation of office by administrator) is to have effect as if after sub-paragraph (6) there were inserted—

Paragraph 100 (joint and concurrent administrators) is to have effect as if sub-paragraph (2) were omitted.

Paragraph 101(3) (joint administrators) is to have effect as if after “87 to” there were inserted “ 91, 98 and ”.

Paragraph 103 (appointment of additional administrators) is to have effect as if—

in sub-paragraph (2) the words from the beginning to “order” were omitted,

for paragraph (a) there were substituted—, and

sub-paragraphs (3) to (5) were omitted.

Paragraph 109 (references to extended periods) is to have effect as if “or 108” were omitted.

Paragraph 111 (interpretation) is to have effect as if the following were substituted for it—

Section 251 of the Insolvency Act 1986 (definitions) as applied by paragraph 1 above is to have effect as if—

for the definition of “prescribed” there were substituted—,

the definition of “the rules” were omitted, and

at the appropriate places, there were inserted—,,,,,,,.

amend paragraph 1(3)(a) so as to add further provisions to the list of applicable provisions in Schedule B1 to the Insolvency Act 1986;

amend this Schedule so as to add further modifications to that Schedule.