[F161.— [F2(1)] The administrator of a company has the powers specified in Schedule 1.N.I.
[F3(2) But the power to sell, hire out or otherwise dispose of property is subject to any regulations that may be made under paragraph 61A.]]
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)
F2Sch. B1 para. 61 renumbered as Sch. B1 para. 61(1) (26.6.2020) by Corporate Insolvency and Governance Act 2020 (c. 12), ss. 9(3), 49(1) (with ss. 2(2), 5(2))
F3Sch. B1 para. 61(2) inserted (26.6.2020) by Corporate Insolvency and Governance Act 2020 (c. 12), ss. 9(4), 49(1) (with ss. 2(2), 5(2))
Modifications etc. (not altering text)
C1Sch. B1 para. 61 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)
C2Sch. 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)