Clause 15

replace the section heading with —“General provisions as to Restructuring Advisers”;

replace “The Restructuring Advisor of a company (in simplified debt restructuring) has the following duties during the specified period:” with “The duties of the Restructuring Adviser of a company (in simplified debt restructuring) include the following:”;

before paragraph (a), insert —“(aa)to send to every creditor of the company (whose name and address are provided by the company to the Restructuring Adviser) any notification that must be sent to the creditors under this Part;”; and

replace paragraphs (c), (d) and (e) with —“(c)to send to every creditor of the company (whose name and address are provided by the company to the Restructuring Adviser) copies of all documents that are required for obtaining the approval of the creditors of a compromise or an arrangement;

to take such steps to supervise the holding of the meeting of the company and its creditors specified in section 72M as may be prescribed by regulations made under section 72V;

as soon as practicable after the completion by the company of or the discharge of the company from the simplified debt restructuring programme, submit a report to the Official Receiver in such form, and containing such information, as may be prescribed by regulations made under section 72V.”.