40(1)References within sub-paragraph (2) which are contained—U.K.
(a)in the 1986 Act (other than Schedule B1 to that Act), or
(b)in other enactments passed or made before this Act,
include references to whatever corresponds to them for the purposes of this paragraph.
(2)The references are those (however expressed) which are or include references to—
(a)an administrator appointed by an administration order,
(b)an administration order,
(c)an application for an administration order,
(d)a company in administration,
(e)entering into administration, and
(f)Schedule B1 to the 1986 Act or a provision of that Schedule.
(3)For the purposes of this paragraph—
(a)a postal administrator corresponds to an administrator appointed by an administration order,
(b)a postal administration order corresponds to an administration order,
(c)an application for a postal administration order corresponds to an application for an administration order,
(d)a company in postal administration corresponds to a company in administration,
(e)entering into postal administration corresponds to entering into administration, and
(f)what corresponds to Schedule B1 to the 1986 Act or a provision of that Schedule is that Schedule or that provision as applied by Part 1 of this Schedule.
Commencement Information
I1Sch. 10 para. 40 in force at 1.10.2011 by S.I. 2011/2329, art. 3
41(1)Paragraph 40, in its application to section 1(3) of the 1986 Act, does not entitle the postal administrator of an unregistered company to make a proposal under Part 1 of the 1986 Act (company voluntary arrangements).U.K.
(2)Paragraph 40 does not confer any right under section 7(4) of the 1986 Act (implementation of voluntary arrangements) for a supervisor of voluntary arrangements to apply for a postal administration order in relation to a company which is a universal service provider.
(3)Paragraph 40 does not apply to section 359 of the Financial Services and Markets Act 2000 ([F1administration order]).
Textual Amendments
F1Words in Sch. 10 para. 41(3) substituted (1.4.2013) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 18 para. 133 (with Sch. 20); S.I. 2013/423, art. 3, Sch.
Commencement Information
I2Sch. 10 para. 41 in force at 1.10.2011 by S.I. 2011/2329, art. 3