SCHEDULES
SCHEDULE 5Conduct of housing administration: companies
PART 1Modifications of Schedule B1 to the Insolvency Act 1986
Specific modifications
I111
Paragraph 68 (management duties of an administrator) is to have effect as if—
a
in sub-paragraph (1), for paragraphs (a) to (c) there were substituted
the proposals as—
a
set out in the statement made under paragraph 49 in relation to the company, and
b
from time to time revised under paragraph 54,
for achieving the objectives of the housing administration.
b
in sub-paragraph (3), for paragraphs (a) to (d) there were substituted “
the directions are consistent with the achievement of the objectives of the housing administration
”
.