Clause 2

replace the definition of “company (in simplified debt restructuring)” with —“ “company (in simplified debt restructuring)” means a company for which the simplified debt restructuring programme has commenced under section 72E(3), and that has not been discharged from the programme;”;

after the definition of “designated website”, insert —“ “moratorium period”, in relation to a company that has commenced the simplified debt restructuring programme under section 72E(3), means the period starting on the date of the commencement, and ending on —

the date that is such number of days after the date of entry as may be prescribed by regulations made under section 72V, including any extension of the period under section 72Q; or

if the company is discharged from the simplified debt restructuring programme before that date, the date of discharge;”;

delete the definition of “prescribed period”;

replace the definition of “Restructuring Advisor” with —“ “Restructuring Adviser”, in relation to a company (in simplified debt restructuring), means a person appointed under section 72D(1) to be the Restructuring Adviser of the company;”; (e)in the definition of “simplified debt restructuring programme”, replace the semi‑colon at the end with a full‑stop; and

delete the definition of “specified period”.