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To bring the Insolvency Rules into line with the Civil Procedure Rules, affidavits are replaced with witness statements and statements of truth.(*2. Art 5; Sch 1 passim)
Most references to ‘days’ now become ‘business days’
e.g. ‘7 days’ become ‘5 business days’, and 4 days becomes 4 business days.(*3. Sch 1 passim.)
"This is the ultimate statement of where the law on IVAs is to be found in our great common law...