2The provisions of the Insolvency Act 1986 applied by paragraph 1 are to have effect as if for any term specified in column 1 of the table there were substituted the term specified in column 2.
| Term | Modification |
|---|---|
| company | further education body |
| administration application | education administration application |
| administration order | education administration order |
| administrator | education administrator |
| director | (a) member of the further education body, (b) principal of the relevant institution, or (c) if the context requires, both of the above. |
| enters administration | enters education administration |
| in administration | in education administration |
| officer (in relation to a company) | (a) a member of the further education body, (b) the clerk to the further education body, (c) the chief executive of the relevant institution, (d) any senior post holder or principal of the relevant institution, or (e) if the context requires, all of the above. |
| purpose of administration | objective of the education administration |
| the rules | the education administration rules |