http://www.legislation.gov.uk/ukpga/2002/40/section/249/2008-07-21Enterprise Act 2002 (repealed)An Act to establish and provide for the functions of the Office of Fair Trading, the Competition Appeal Tribunal and the Competition Service; to make provision about mergers and market structures and conduct; to amend the constitution and functions of the Competition Commission; to create an offence for those entering into certain anti-competitive agreements; to provide for the disqualification of directors of companies engaging in certain anti-competitive practices; to make other provision about competition law; to amend the law relating to the protection of the collective interests of consumers; to make further provision about the disclosure of information obtained under competition and consumer legislation; to amend the Insolvency Act 1986 and make other provision about insolvency; and for connected purposes.texttext/xmlenStatute Law Database2026-05-18Expert Participation2008-07-21 Part 10 Insolvency<Emphasis>Companies <Abbreviation Expansion="et cetera" xml:lang="la">etc.</Abbreviation></Emphasis> Special administration regimes2491Section 248 shall have no effect in relation to—aa company holding an appointment under Chapter I of Part II of the Water Industry Act 1991 (c. 56) (water and sewerage undertakers),aaa qualifying licensed water supplier within the meaning of subsection (6) of section 23 of the Water Industry Act 1991 (meaning and effect of special administration order),ba protected railway company within the meaning of section 59 of the Railways Act 1993 (c. 43) (railway administration order) (including that section as it has effect by virtue of section 19 of the Channel Tunnel Rail Link Act 1996 (c. 61) (administration)),ca licence company within the meaning of section 26 of the Transport Act 2000 (c. 38) (air traffic services),da public-private partnership company within the meaning of section 210 of the Greater London Authority Act 1999 (c. 29) (public-private partnership agreement), orea building society within the meaning of section 119 of the Building Societies Act 1986 (c. 53) (interpretation).2A reference in an Act listed in subsection (1) to a provision of Part II of the Insolvency Act 1986 (or to a provision which has effect in relation to a provision of that Part of that Act) shall, in so far as it relates to a company or society listed in subsection (1), continue to have effect as if it referred to Part II as it had effect immediately before the coming into force of section 248.3But the effect of subsection (2) in respect of a particular class of company or society may be modified by order of—athe Treasury, in the case of building societies, orbthe Secretary of State, in any other case.4An order under subsection (3) may make consequential amendment of an enactment.5An order under subsection (3)—amust be made by statutory instrument, andbmay not be made unless a draft has been laid before and approved by resolution of each House of Parliament.6An amendment of the Insolvency Act 1986 (c. 45) made by this Act is without prejudice to any power conferred by Part VII of the Companies Act 1989 (c. 40) (financial markets) to modify the law of insolvency.Act: for the words "solicitor of the Supreme Court of Northern Ireland" wherever they occur there is substituted (prosp.) the words "solicitor of the Court of Judicature of Northern Ireland" by virtue of Constitutional Reform Act 2005 (c. 4), ss. 59, 148(1), Sch. 11 para. 5 [Editorial Note: this amendment will be carried through into the text of the Act at the same time as any other effects on the Act for the year in which the relevant commencement order (or first such order) is made]S. 249 extended (16.10.2005) by Railways Act 2005 (c. 14), ss. 49(11), 60; S.I. 2005/2812, art. 2(1), Sch. 1S. 249(1)(aa) inserted (1.12.2005) by Water Act 2003 (c. 37), ss. 101(1), 105(3), Sch. 8 para. 55(3); S.I. 2005/2714, art. 3(c)