10. Application of Companies Acts to IBRC.

(1) Subject to subsections (2) and (3) and Part 1 of the Schedule, Part VI of the Act of 1963 applies to IBRC together with any necessary additional modifications.

(2) The following provisions of the Act of 1963 do not apply to IBRC:

(a) sections 205A and 206(1);

(b) sections 212 to 217;

(c) sections 220 to 223;

(d) sections 225 to 228;

(e) subsections (3) and (4) of section 231;

(f) sections 232 to 234;

(g) sections 239, 244 and 246;

(h) sections 251 to 279;

(i) subsections (3) and (4) of section 280;

(j) sections 282 to 282D;

(k) sections 301A, 306, 308, 309, 311, 311A, 312 and 313A.

(3) The provisions of Part VI of the Act of 1963 that apply to IBRC shall, in their application, be construed -

(a) as if any reference in those provisions to a company being wound up by the Court, however expressed, were a reference to IBRC being wound up by reason of the making of the Special Liquidation Order,

(b) as if any other reference in those provisions to winding up by the Court, however expres

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