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In the Insolvency Act 1986, in section 277(3)(b) (petition based on criminal bankruptcy order)— a for “House of Lords” substitute “ Supreme Court ” ; b for the words from “section 40(5)” to the end of the section substitute subsection (4). 4 For the purposes of subsection (3)(b) an appeal to the Supreme Court shall be treated as pending until any application for leave to appeal is disposed of and, if leave to appeal is granted, until the appeal is disposed of; and for the purposes of this subsection an application for leave to appeal shall be treated as disposed of at the expiration of the time within which it may be made, if it is not made within that time.