1 The Insolvency Act 1986 is amended in accordance with this Schedule.
2 In section 253 (application for interim order), omit subsection (5).
3 In section 255 (cases in which interim order can be made), in subsection (1)(b) for "petition for his own bankruptcy" substitute "make a bankruptcy application".
(1) Section 256A (debtor's proposal and nominee's report) is amended as follows.
(2) In subsection (1) omit the words from "unless" to the end.
(3) In subsection (3) for "petition for his own bankruptcy" substitute "make a bankruptcy application".
5 For the heading to Chapter 1 of Part 9 substitute "The court: bankruptcy petitions and bankruptcy orders".
6 In section 264 (who may present a bankruptcy petition), in subsection (1) omit paragraph (b).
7 For section 265 (conditions to be satisfied in respect of debtor) substitute -
"265 Creditor's petition: debtors against whom the court may make a bankruptcy order
(1) A bankruptcy petition may be presented to the court un
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