[379ZC Power to amend sections 379ZA and 379ZB]
[379ZC Power to amend sections 379ZA and 379ZB]

[(1)     The Secretary of State may by regulations amend section 379ZA so as to change the definition of the minimum number of creditors.

(2)     The Secretary of State may by regulations amend section 379ZB so as to change the definition of the appropriate number of relevant creditors.

(3)     Regulations under this section may define the minimum number or the appropriate number by reference to any one or more of—

(a)     a proportion in value,

(b)     a proportion in number,

(c)     an absolute number,

and the definition may include alternative, cumulative or relative requirements.

(4)     Regulations under subsection (1) may define the minimum number of creditors by reference to all creditors, or by reference to creditors of a particular description.

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