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(1)The Welsh Ministers may by regulations make provision—
(a)requiring an appointed person to notify them of that appointment;
(b)for this Part to apply with prescribed modifications to service providers in relation to whom such a person has been appointed.
(2)In subsection (1) “appointed person” means a person appointed as—
(a)a receiver or administrative receiver of the property of a service provider who is a body corporate or a partnership;
(b)a liquidator, provisional liquidator or administrator of a service provider who is a body corporate or a partnership;
(c)a trustee in bankruptcy of a service provider who is an individual or a partnership.