Part V General Transitional Provisions and Savings

Part V General Transitional Provisions and Savings

Interpretation for this Part

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In this Part of this Schedule, “the former enactments” means so much of [the Companies Act 1985] as is repealed and replaced by this Act, the Insolvency Act 1985 and the other enactments repealed by this Act.

General saving for past acts and events

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So far as anything done or treated as done under or for the purposes of any provision of the former enactments could have been done under or for the purposes of the corresponding provision of this Act, it is not invalidated by the repeal of that provision but has effect as if done under or for the purposes of the corresponding provision; and any order, regulation, rule or other instrument made or having effect under any provision of the former enactments shall, insofar as its effect is preserved by this paragraph, be treated for all purposes as made and having effect under the corresponding provision.

Periods of time

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Where any period of time specified in a provision of the former enactments is current immediately before the appointed day, this Act has effect as if the

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