645.In order to provide for the streamlining of administration, section 248 replaces Part II of the Insolvency Act 1986 with a new Schedule B1 - as set out in Schedule 16 of this Act. This will be inserted after Schedule A1 to the Insolvency Act 1986. The paragraphs referred to below are paragraphs in Schedule B1.
Commentary on Sections Companies etc. Section 248 & Schedule 16: Replacement of Part II of Insolvency Act 1986