[415B Monetary limits (company moratorium)]

Specification, increase and reduction of money sums relevant in the operation of this Act

[415B  Monetary limits (company moratorium)]

[(1)     The Secretary of State may by regulations increase or reduce any of the money sums for the time being specified in the following provisions of Part A1—

(a)     section A25(1) (maximum amount of credit which company may obtain without disclosing moratorium);

(b)     section A28(2) (maximum amount for certain payments without obtaining monitor consent etc);

(c)     section A46(2) (minimum value of company property concealed or fraudulently removed, affecting criminal liability of company's officer).

(2)     Regulations under this section may contain such transitional provisions as

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