1A. Part A1 of the 1986 Act (moratorium) applies in relation to a relevant CCBS with the further modifications set out in this Part and with any other necessary modification.
1B. Section A5 (obtaining a moratorium for other overseas companies) is omitted.
1C. Section A20 (restrictions on insolvency proceedings etc) has effect as if after subsection (3) there were inserted -
"(4) In subsection (1) (h) "administrative receiver" in relation to a relevant CCBS means -
(a) a receiver or manager of the whole "or substantially the whole" of the society’s property appointed by or on behalf of the holder of a floating charge, or
(b) a person who would be such a receiver or manager but for the appointment of some other person as the receiver of part of the society’s property.".
1D. Section A28 (restrictions on payment of certain pre-moratorium debts) has effect as if after subsection (1) there were inserted -
"(1A) During a moratorium, withdrawal of shares from the relevant CCBS is prohibite
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