Moratorium Chapter 1: provides an overview of new Part A1 and introduces Schedule ZA1 Schedule ZA1
Schedule ZA1 (Moratorium: eligible companies) is inserted before Schedule A1, which is repealed by Schedule 3 paragraph 30 of this Act.
	This Schedule sets out which companies are eligible for the moratorium. Companies are generally eligible, unless excluded. Companies are ineligible if at the date of filing for a moratorium:
	the company is already subject to a formal insolvency procedure (including a moratorium that is in force at the date of filing);
	during the period of 12 months prior to the filing date, it has been subject to a moratorium, unless the court has ordered that the previous moratorium is not to be taken into account for this purpose;
	during the period of 12 months prior to the filing date, it has been subject to CVA or administration (for a temporary period this restriction is lifted by Schedule 4 to account for the impact of the COVID-19 pandemic).
	The remaining paragraphs set out those financial services companies that are ineligible. They include: insurance companies; banks; electronic money institutions; investment banks and firms; companies which are parties to market contracts or any of whose property is subject to a market charge (market contract and market charge being defined by Part 7 of the Companies Act 1989); payment institutions; companies which are participants in a designated system or have property subject to a collateral security charge (within the meaning of the Financial Markets and Insolvency (Settlement Finality) Regulations 1999); operators of payments systems, infrastructure companies, recognised investment exchanges, clearing houses and CSDs; securitisation companies; parties to capital market arrangements; public-private partnership project companies; and overseas companies whose functions correspond to those mentioned above and which would be ineligible if they were registered under the Companies Act 2006 in England and Wales or Scotland.
	The Secretary of State may amend the list of companies, other than those listed in Schedule ZA1 paragraph (2), that are excluded from entering a moratorium by regulations subject to the affirmative resolution procedure. In addition, Welsh or Scottish Ministers (as appropriate) may amend this Schedule to provide for the eligibility or ineligibility of a social landlord registered under Part 1 of the Housing Act 1996 or Part 2 of the Housing (Scotland) Act 2010 respectively for the purposes of the moratorium under Part A1 of the Insolvency Act 1986.