F1Sch. B1 inserted (27.3.2006) by Insolvency (Northern Ireland) Order 2005 (S.I. 2005/1455 (N.I. 10)), arts. 1(3), 3(2), Sch. 1 (with art. 4); S.R. 2006/21, art. 2 (with S.R. 2006/22, arts. 2-7)
Modifications etc. (not altering text)
C1Sch. B1 applied (with modifications) (1.10.2011) by Postal Services Act 2011 (c. 5), ss. 73, 87(1)(2), 93(3), Sch. 10 Pt. 1, Sch. 10 Pt. 2
C2Sch. B1 applied (with modifications) by S.R. 1995/225, Sch. 2 (as amended (19.12.2018) by The Banks and Building Societies (Priorities on Insolvency) Order 2018 (S.I. 2018/1244), arts. 1(2), 36 (with art. 3))
C3Sch. B1 modified by S.R. 1995/225, art. 6, Sch. 2 (as modified (28.12.2020 until IP completion day when the amending provision ceases to have effect in accordance with reg. 1(4) of the amending S.I.) by The Bank Recovery and Resolution (Amendment) (EU Exit) Regulations 2020 (S.I. 2020/1350), regs. 1(4), 122(3) (with reg. 108))
C4Sch. B1 modified (28.12.2020 until IP completion day when the amending provision ceases to have effect in accordance with reg. 1(4) of the amending S.I.) by The Bank Recovery and Resolution (Amendment) (EU Exit) Regulations 2020 (S.I. 2020/1350), regs. 1(4), 120 (with reg. 108)
C5Sch. B1 applied (with modifications) (4.1.2024) by S.I. 2021/716, Sch. 2A para. 6 (as inserted by The Payment and Electronic Money Institution Insolvency (Amendment) Regulations 2023 (S.I. 2023/1399), reg. 1(2), Sch. 2)
47.—(1) This paragraph applies where a person becomes the administrator of a company.N.I.
(2) As soon as is reasonably practicable the administrator shall—
(a)send a notice of his appointment to the company, and
(b)publish a notice of his appointment in the prescribed manner.
(3) As soon as is reasonably practicable the administrator shall—
(a)obtain a list of the company's creditors, and
(b)send a notice of his appointment to each creditor of whose claim and address he is aware.
(4) The administrator shall send a notice of his appointment to the registrar before the end of the period of 7 days beginning with the date specified in sub-paragraph (6).
(5) The administrator shall send a notice of his appointment to such persons as may be prescribed before the end of the prescribed period beginning with the date specified in sub-paragraph (6).
(6) The date for the purpose of sub-paragraphs (4) and (5) is—
(a)in the case of an administrator appointed by administration order, the date of the order,
(b)in the case of an administrator appointed under paragraph 15, the date on which he receives notice under paragraph 21, and
(c)in the case of an administrator appointed under paragraph 23, the date on which he receives notice under paragraph 33.
(7) The High Court may direct that sub-paragraph (3)(b) or (5)—
(a)shall not apply, or
(b)shall apply with the substitution of a different period.
(8) A notice under this paragraph must—
(a)contain the prescribed information, and
(b)be in the prescribed form.
(9) An administrator commits an offence if he fails without reasonable excuse to comply with a requirement of this paragraph.]
Modifications etc. (not altering text)
C6Sch. B1 para. 47 applied (with modifications) (4.1.2024) by S.I. 2021/716, reg. 37A (as inserted by The Payment and Electronic Money Institution Insolvency (Amendment) Regulations 2023 (S.I. 2023/1399), regs. 1(2), 12)