Change 1 Article Choose an article Title and introductory text 1 Power to invalidate certain restrictive terms of business contracts 2 Section 1(4)(a): meaning of “financial services” 3 Companies: duty to publish report on payment practices and performance 4 Small and medium sized businesses: information to credit reference agencies 5 Small and medium sized businesses: information to finance platforms 6 Sections 4 and 5: supplementary 7 Sections 4 to 6: interpretation 8 Disclosure of VAT registration information 9 Offences for the purposes of section 8 10 Disclosure of exporter information 11 Power of the Secretary of State under section 1 of the EIGA 1991 12 EIGA 1991: further amendments 13 Electronic paying in of cheques etc 14 Powers of the Payment Systems Regulator 15 Target for streamlined company registration 16 Streamlined company registration: duty to report on progress 17 Review of regulators' complaints and appeals procedures 18 Power to specify regulatory functions 19 Guidance by the Secretary of State 20 Independent Complaints Commissioner: reporting duty 21 Duty on Secretary of State to publish business impact target etc 22 Sections 21 and 23 to 25: “qualifying regulatory provisions” etc 23 Duty on Secretary of State to publish reports 24 Additional matters to be included in reports 24A Duty on relevant regulators to assess economic impact etc 25 Appointment of body to verify assessments and lists in reports 26 Amending the business impact target etc 27 Sections 21 to 25 etc: interpretation 28 Duty to review regulatory provisions in secondary legislation 29 Section 28(1)(b): interpretation 30 Section 28(2)(a): “provision for review” 31 Section 28(2)(b): appropriateness of making provision for review 32 Sections 28 to 31 etc: supplementary 33 Definitions of small and micro business 34 Small and micro business regulations: further provision 35 Exclusion of home businesses from Part 2 of the Landlord and Tenant Act 1954 36 Section 35: supplementary and consequential provision 37 CMA to publish recommendations on proposals for Westminster legislation 38 Exemption from liability for bodies concerned with accounting standards etc 39 Regulations about procurement 40 Investigation of procurement functions 41 The Adjudicator 42 Pubs Code 43 Pubs Code: market rent only option 44 Market rent only option: procedure 45 Market rent only option: disputes 46 Review of Pubs Code 47 Inconsistency with Pubs Code etc 48 Referral for arbitration by tied pub tenants 49 Timing of referral for arbitration by tied pub tenants 50 Arbitration commenced by pub-owning businesses 51 Arbitration: supplementary 52 Information about arbitration 53 Investigations 54 Investigation reports 55 Forms of enforcement 56 Recommendations 57 Requirements to publish information 58 Financial penalties 59 Recovery of investigation costs 60 Advice 61 Guidance 62 Annual report 63 Levy funding 64 Loans by Secretary of State 65 Review of Adjudicator and guidance from Secretary of State 66 Abolition of Adjudicator 67 Information to Secretary of State 68 “Tied pub” 69 “Pub-owning business” 70 “Tied pub tenant”, “landlord”, “tenancy” and “licence” 71 Power to grant exemptions from Pubs Code 71A Reports on avoidance 72 Interpretation: other provision 73 Regulations under this Part 74 Funding for free of charge early years provision 75 Exemption from requirement to register as early years provider 76 Childminding other than on domestic premises 77 Registration of childcare: premises 78 Assessments of effectiveness 79 Qualifications 80 Destinations 81 Register of people with significant control 82 Review of provisions about PSC registers 83 Amendment of section 813 of the Companies Act 2006 84 Abolition of share warrants to bearer 85 Amendment of company's articles to reflect abolition of share warrants 86 Review of section 84 87 Requirement for all company directors to be natural persons 89 Application of directors' general duties to shadow directors 90 Shadow directors: definition 91 Shadow directors: provision for Northern Ireland 92 Duty to deliver confirmation statement instead of annual return 93 Section 92: related amendments 94 Option for companies to keep information on central register 95 Recording of optional information on register 96 Protection of information about a person's date of birth 97 Contents of statements of capital 98 Public companies: information about aggregate amount paid up on shares 99 Address of company registered office 100 Company filing requirements: consent to act as director or secretary 101 Registrar's duty to inform new directors of entry in register 102 Removal from register of material about directors 103 Reduction in notice periods etc for striking off companies 104 Convictions abroad 105 Persons instructing unfit director 106 Determining unfitness and disqualifications: matters to be taken into account 107 Reports of office-holders on conduct of directors of insolvent companies 108 Unfit directors of insolvent companies: extension of period for applying for disqualification order 109 Directors: removal of restriction on application for disqualification order 110 Compensation orders and undertakings 111 Sections 104 to 110: consequential and related amendments 112 Provision for Northern Ireland corresponding to sections 104 to 111 113 Disqualification as director: bankruptcy, etc in Scotland and Northern Ireland 114 Company Directors Disqualification (Northern Ireland) Order 2002: bankruptcy, etc in England and Wales or Scotland 115 Disqualification as insolvency practitioner: bankruptcy, etc in Scotland or Northern Ireland 116 Disqualification as insolvency practitioner in Northern Ireland: bankruptcy, etc in England and Wales or Scotland 117 Power for administrator to bring claim for fraudulent or wrongful trading 118 Power for liquidator or administrator to assign causes of action 119 Application of proceeds of office-holder claims 120 Exercise of powers by liquidator: removal of need for sanction 121 Exercise of powers by trustee in bankruptcy: removal of need for sanction 122 Abolition of requirements to hold meetings: company insolvency 123 Abolition of requirements to hold meetings: individual insolvency 124 Ability for creditors to opt not to receive certain notices: company insolvency 125 Ability for creditors to opt not to receive certain notices: individual insolvency 126 Sections 122 to 125: further amendments 127 Extension of administrator's term of office 128 Administration: payments to unsecured creditors 129 Administration: sales to connected persons 130 Attachment of floating charges on administration (Scotland) 131 Creditors not required to prove small debts: company insolvency 132 Creditors not required to prove small debts: individual insolvency 133 Trustees in bankruptcy 134 Time limit for challenging IVAs 135 Abolition of fast-track voluntary arrangements 136 Voluntary winding-up: progress reports 137 Recognised professional bodies: recognition 138 Regulatory objectives 139 Oversight of recognised professional bodies 140 Recognised professional bodies: revocation of recognition 141 Court sanction of insolvency practitioners in public interest cases 142 Power for Secretary of State to obtain information 143 Compliance orders 144 Power to establish single regulator of insolvency practitioners 145 Regulations under section 144: designation of existing body 146 Regulations under section 144: timing and supplementary 148 Protected disclosures: reporting requirements 149 Protection for applicants for employment etc in the health service 150 Financial penalty for failure to pay sums ordered by employment tribunal etc 151 Employment tribunal procedure regulations: postponements 152 Amount of financial penalty for underpayment of national minimum wage 153 Exclusivity terms unenforceable in zero hours contracts 153A Regulations to restrict public sector exit payments 153B Supplementary provision about regulations under section 153A 153C Power to relax restriction on public sector exit payments 154 Regulations in connection with repayment of public sector exit payments 155 Section 154(1): further provision 156 Power to make regulations under section 154(1) to be exercisable by the Treasury or Scottish Ministers 157 Power of Secretary of State to waive repayment requirement 158 Concessionary coal 159 Consequential amendments, repeals and revocations 160 Transitional, transitory or saving provision 161 Supplementary provision about regulations 162 Financial provisions 163 Extent 164 Commencement 165 Short title SCHEDULE 1 The Pubs Code Adjudicator SCHEDULE 2 Registration of childcare: premises SCHEDULE 3 Register of people with significant control SCHEDULE 4 Abolition of share warrants to bearer SCHEDULE 5 Option to keep information on central register SCHEDULE 6 Contents of statements of capital SCHEDULE 7 Sections 104 to 110: consequential and related amendments SCHEDULE 8 Northern Ireland: provision corresponding to sections 104 to 111 SCHEDULE 9 Abolition of requirements to hold meetings; opted-out creditors SCHEDULE 10 Trustees in bankruptcy SCHEDULE 11 Single regulator of insolvency practitioners: supplementary provision
What to do with it
As published
136 Voluntary winding-up: progress reports
(1) The Insolvency Act 1986 is amended as follows.
(2) In section 92A (progress reports in members' voluntary winding-up)—
(a) in subsection (1), for the words from “in the event” to “one year,” substitute “ where the company is registered in England and Wales ”;
(b) in the heading, omit “at year's end”.
(3) In section 104A (progress reports in creditors' voluntary winding-up)—
(a) in subsection (1), for the words from “If the” to “one year,” substitute “ Where the company is registered in England and Wales ”;
(b) in the heading, omit “at year's end”.
(4) In the table in Schedule 10 (punishment of offences)—
(a) in the entry for section 92A(2), in column 2, omit “at year's end”;
(b) in the entry for section 104A(2), in column 2, omit “at year's end”.
Your wording
Your change, as a redline
136 Voluntary winding-up: progress reports
(1) The Insolvency Act 1986 is amended as follows.
(2) In section 92A (progress reports in members' voluntary winding-up)—
(a) in subsection (1), for the words from “in the event” to “one year,” substitute “ where the company is registered in England and Wales ”;
(b) in the heading, omit “at year's end”.
(3) In section 104A (progress reports in creditors' voluntary winding-up)—
(a) in subsection (1), for the words from “If the” to “one year,” substitute “ Where the company is registered in England and Wales ”;
(b) in the heading, omit “at year's end”.
(4) In the table in Schedule 10 (punishment of offences)—
(a) in the entry for section 92A(2), in column 2, omit “at year's end”;
(b) in the entry for section 104A(2), in column 2, omit “at year's end”.
A proposal here is not law. Support on Solon is evidence that people want the change; the official route says what it takes to make it law.