17—(1) In this Part “energy administration order” means an order which—
(a)is made by the High Court in relation to a protected energy company; and
(b)directs that, while the order is in force, the affairs, business and property of the company are to be managed by a person appointed by the Court.
(2) The person appointed in relation to a company for the purposes of an energy administration order is referred to in this Part as the energy administrator of the company.
(3) The energy administrator of a company must manage its affairs, business and property, and exercise and perform all the powers and duties of an energy administrator so as to achieve the objective set out in section 18.
(4) In relation to an energy administration order applying to a non-NI company, references in this section to the affairs, business and property of the company are references only to its affairs and business so far as carried on in Northern Ireland and to its property in Northern Ireland.
(5) In this Part—
“protected energy company” means a company which is the holder of a relevant licence;
“relevant licence” means—
a licence granted under Article 10(1)(b) [F1or Article 10(1)(bb)] of the Electricity (Northern Ireland) Order 1992 (NI 1) (transmission of electricity);
a licence granted under Article 8(1)(a) of the Gas Order (conveyance of gas).
Textual Amendments
F1S. 17(5): words in definition of "relevant licence" inserted (15.4.2011) by Gas and Electricity (Internal Markets) Regulations (Northern Ireland) 2011 (S.R. 2011/155), reg. 89