[F1Interim moratoriumN.I.
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)
45.—(1) This paragraph applies where an administration application in respect of a company has been made and—N.I.
(a)the application has not yet been granted or dismissed, or
(b)the application has been granted but the administration order has not yet taken effect.
(2) This paragraph also applies from the time when a copy of notice of intention to appoint an administrator under paragraph 15 is filed with the High Court until—
(a)the appointment of the administrator takes effect, or
(b)the period of 5 business days beginning with the date of filing expires without an administrator having been appointed.
(3) Sub-paragraph (2) has effect in relation to a notice of intention to appoint only if it is in the prescribed form.
(4) This paragraph also applies from the time when a copy of notice of intention to appoint an administrator is filed with the Court under paragraph 28(1) until—
(a)the appointment of the administrator takes effect, or
(b)the period specified in paragraph 29(2) expires without an administrator having been appointed.
(5) The provisions of paragraphs 43 and 44 shall apply (ignoring any reference to the consent of the administrator).
(6) If there is an administrative receiver of the company when the administration application is made, the provisions of paragraphs 43 and 44 shall not begin to apply by virtue of this paragraph until the person by or on behalf of whom the receiver was appointed consents to the making of the administration order.
(7) This paragraph does not prevent or require the permission of the High Court for—
(a)the presentation of a petition for the winding up of the company under a provision mentioned in paragraph 43(4),
(b)the appointment of an administrator under paragraph 15,
(c)the appointment of an administrative receiver of the company, or
(d)the carrying out by an administrative receiver (whenever appointed) of his functions.]
Modifications etc. (not altering text)
C1Sch. B1 para. 45 modified (21.3.2011) by Energy Act (Northern Ireland) 2011 (c. 6), ss. 25(4), 36(1); S.R. 2011/95, art. 2(1)
C2Sch. B1 para. 45 modified (21.3.2011) by Energy Act (Northern Ireland) 2011 (c. 6), ss. 26(4), 36(1); S.R. 2011/95, art. 2(1)
C3Sch. B1 para. 45 restricted (1.10.2011) by Postal Services Act 2011 (c. 5), ss. 76(4), 85(8), 87(1)(2), 93(3); S.I. 2011/2329, art. 3(1)
C4Sch. B1 para. 45 restricted (1.10.2011) by Postal Services Act 2011 (c. 5), ss. 77(5), 85(8), 87(1)(2), 93(3); S.I. 2011/2329, art. 3(1)
C5Sch. B1 para. 45(1)(5)(7) 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)