The Secretary of State may by regulations in a statutory instrument increase or reduce the money sum for the time being specified in section 222(1) (minimum debt for service of demand on unregistered company by unpaid creditor); but such regulations shall not be made unless a draft of the statutory instrument containing them has been approved by resolution of each House of Parliament.
Section 417: Money sum in s. 222.
Insolvency Act 1986 · 1986 c. 45View on legislation.gov.uk
Part XV: Subordinate Legislation
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