Companies (Rescue Process for Small and Micro Companies) Act 2021

Amendment of section 668 of Principal Act

11. Section 668 of the Principal Act is amended—

(a) in subsection (6) by the insertion of “, subject to subsection (6A),” after “office or”, and

(b) by the insertion of the following subsection after subsection (6):

“(6A) Where—

(a) the person who vacated office had been appointed by virtue of section 666(2A) or 667(1A), and

(b) the employees of the company elect or appoint another of their number under section 666(2A) or, as the case may be, section 667(1A),

the person so elected or appointed shall, subject to subsection (7), be appointed to fill the vacancy.”.