Part 4Special administration regime
Restrictions on other insolvency procedures
78Enforcement of security
(1)
A person may not take any step to enforce a security over property of a company which is a universal service provider unless—
(a)
notice of the intention to do so has been served on the Secretary of State and OFCOM, and
(b)
a period of at least 14 days has elapsed since the service of the last of those notices to be served.
(2)
In the case of a foreign company which is a universal service provider, the reference to the property of the company is to its property in the United Kingdom.