Clause 488

by deleting the words “section 124(5)(a), (b), (c), (d), (e), (f), (h), (i), (k), (l) or (m) of the Bankruptcy Act (Cap. 20)” in sections 82A(3)(b), 82B(2)(c), 83(2)(c) and 83A(2)(c) and substituting in each case the words “section 394(5)(a), (b), (c), (d), (e), (f), (h), (i), (k) or (l) of the Insolvency, Restructuring and Dissolution Act 2018”;

by deleting the words “Companies Act (Cap. 50)” in section 160(1) and substituting the words “Insolvency, Restructuring and Dissolution Act 2018”;

by deleting the words “Companies Act” in section 160(2) and substituting the words “Insolvency, Restructuring and Dissolution Act 2018”; and

by deleting sub-paragraph (c) of paragraph 5(1) of the First Schedule and substituting the following sub‑paragraph:“(c)a judicial manager has been appointed, or a winding up order has been made under the Insolvency, Restructuring and Dissolution Act 2018, with respect to a law corporation, or a resolution for voluntary winding up has been passed with respect to a law corporation (other than a resolution passed solely for the purposes of its reconstruction or its amalgamation with another company); or”.