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Part 2 E+W+SSecurity of energy supplies

CHAPTER 5E+W+SSpecial administration

Special administration under this ChapterE+W+S

94Energy supply company administration ordersE+W+S

(1)An energy supply company administration order (referred to in this Chapter as an “esc administration order”) is an order which—

(a)is made by the court in relation to an energy supply company; and

(b)directs that, while the order is in force, the affairs, business and property of the company are to be managed by a person appointed by the court.

(2)The person appointed in relation to a company for the purposes of an esc administration order is the energy administrator of the company.

(3)The energy administrator of a company must manage its affairs, business and property, and exercise and perform all the powers and duties of an energy administrator, so as to achieve the objective set out in section 95.

(4)In relation to an esc administration order applying to a non-GB company, references in this section to the affairs, business and property of the company are references only to its affairs and business so far as carried on in Great Britain and to its property in Great Britain.

(5)In this Chapter—