Modifications etc. (not altering text)
C1Sch. 14 modified (10.7.2003) by Railways and Transport Safety Act 2003 (c. 20), s. 114(5)(d)
7(1)Section 18 of the 1986 Act (discharge and variation of administration order), as applied by this Part of this Schedule, shall have effect as follows.U.K.
(2)For subsections (1) and (2) there shall be substituted the following subsection—
“(1)An application for a PPP administration order to be discharged may be made—
(a)by the special PPP administrator, on the ground that the purposes of the order have been achieved; or
(b)by the Mayor of London, on the ground that it is no longer necessary that the purposes of the order are achieved.”
(3)In subsection (3), the words “or vary” shall be omitted.
(4)In subsection (4), the words “or varied” and “or variation” shall be omitted and for the words “to the registrar of companies” there shall be substituted—
[F1(a)where the company—
(i)is registered under the Companies Act 2006, or
(ii)is subject to a requirement imposed by regulations under section 1043 or 1046 of the Companies Act 2006 (unregistered UK companies or overseas companies) to deliver any documents to the registrar of companies,
the words “to the Mayor of London and the registrar of companies”; and
(b)where paragraph (a) above does not apply, the words “to the Mayor of London”.]
Textual Amendments
F1Sch. 14 para. 7(4)(a)(b) substituted (1.10.2009) by The Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009 (S.I. 2009/1941), art. 1(2), Sch. 1 para. 178(8)(c) (with art. 10)
Commencement Information
I1Sch. 14 para. 7 in force at 15.7.2003 by S.I. 2003/1920, art. 2(b)