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Amendment of section 610 of Principal Act
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7. Section 610 of the Principal Act is amended—
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(a) in subsection (1)—
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(i) by the insertion of “, or in the course of a rescue period under Part 10A in respect of an eligible company,” after “company”, where it secondly occurs, and
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(ii) by the substitution of “liquidator, examiner or process adviser of the company” for “liquidator or examiner of the company”,
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and
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(b) by the insertion of the following subsections after subsection (8):
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“(9) In assessing any application under this section, the court may take into account whether section 558S(5) applies to a director of a company.
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(10) In this section, ‘eligible company’, ‘process adviser’ and ‘rescue period’ have the meanings assigned to them by section 558A.”.
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