[A18 Overview and construction of references to payment holidays]
[A18 Overview and construction of references to payment holidays]

[Chapter 4
Effects of Moratorium]

[Introductory]

[A18  Overview and construction of references to payment holidays]

[(1)     This Chapter makes provision about the main effects of a moratorium for a company.

(2)     The provision made by this Chapter includes restrictions on the enforcement or payment of the debts that are defined by subsection (3) as pre-moratorium debts for which a company has a payment holiday during a moratorium.

(3)     In this Part a reference to pre-moratorium debts for which a company has a payment holiday during a moratorium is to its pre-moratorium debts that have fallen due before the moratorium, or that fall due during

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