(b) that the initial period for a scheme expires
on the date of the order or on a later date specified in the order.
(2) For
the purposes of this section, the Tribunal is not bound by, but must have
regard to, the intention of the definition of
"initial period" in section 3.
(3) If a declaration made by the Tribunal
under this section in relation to a scheme is inconsistent with the definition
of
"initial period" in section 3--
(a) the definition is to be disregarded to the
extent of the inconsistency, and
(b) the declaration by the Tribunal has
effect for the purposes of this Act.
(4) Application for an order under this
section in relation to a scheme may be made by--
