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Version date: 7 December 2021 - onwards
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558A. Interpretation (Part 10A)

(1) In this Part -

"director" includes a shadow director;

"eligible company" means a company which qualifies as - (a) a small company in accordance with section 280A, or (b) a micro company in accordance with section 280D;

"excludable debt" has the meaning assigned to it by section 558L(4);

"interested party", in relation to an eligible company, means - (a) a creditor of the eligible company, or (b) a member of the eligible company;

"process adviser" means - (a) except as specified in paragraphs (b) and (c), a process adviser appointed by the directors of an eligible company by resolution mentioned in section 558E or 558ZX, (b) in Chapter 2 of this Part, a process adviser acting under that Chapter, and (c) in sections 558ZP, 558ZQ and 558ZAI and Chapter 11 of this Part - (i) except where the context otherwise requires, a process adviser acting under Chapter 2 of this Part, or (ii) a process adviser appointed by the directors of an eligible company by resoluti

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