Termination clauses in supply contracts Section 14: Protection of supplies of goods and services Section 233C: Powers to amend Section 233B and Schedule 4ZZA
A new section 233C is inserted into the Insolvency Act 1986 and allows the Secretary of State to remove a relevant insolvency procedure from section 233B and make changes to Schedule 4ZZB, so as to remove, amend or add exemptions to the application of section 233B. These powers may be exercised by regulations made under an affirmative procedure SI which may include different provision for different purposes consequential, transitional and supplementary provisions. The power to amend enactments includes Acts of the Scottish Parliament and secondary legislation made under a Scottish Act.
	The provisions of sections 233A and 233B and Schedule 4ZZA bind the Crown. The amendments made under section 12 have effect in relation to contracts entered into before or after the day on which it comes into force.