Clause 6

by inserting, immediately after the words “by the directors of the company” in subsection (1), the words “that they have formed the opinion”;

by deleting the words “that they have formed the opinion” in subsection (1)(a);

by deleting paragraph (b) of subsection (1) and substituting the following paragraph:“(b)where —

it is intended to commence winding up of the company within the period of 12 months immediately after the date of the statement, that the company will be able to pay its debts in full within the period of 12 months after the date of commencement of the winding up; or

it is not intended so to commence winding up, that the company will be able to pay its debts as they fall due during the period of 12 months immediately after the date of the statement; and”;

by deleting the words “that they have formed the opinion” in subsection (1)(c);

by deleting the words “statutory declaration” in subsection (2)(a) and (b) and substituting in each case the words “declaration in writing signed by every director”; and

by deleting the words “section 201(1A), (3) and (3A)” in subsection (4)(a)(i) and substituting the words “section 201(2) and (5)”.