SCHEDULES

SCHEDULE 5Conduct of housing administration: companies

PART 1Modifications of Schedule B1 to the Insolvency Act 1986

Specific modifications

I130

Paragraph 111 (interpretation) is to have effect as if—

a

in sub-paragraph (1), the definitions of “correspondence”, “holder of a qualifying floating charge”, “the purpose of administration” and “unable to pay its debts” were omitted,

b

in that sub-paragraph, at the appropriate places there were inserted—

“company” and “court” have the same meaning as in Chapter 5 of Part 4 of the Housing and Planning Act 2016,

“housing administration application” means an application to the court for a housing administration order under Chapter 5 of Part 4 of the Housing and Planning Act 2016;

“housing administration order” has the same meaning as in Chapter 5 of Part 4 of the Housing and Planning Act 2016;

“objectives”, in relation to a housing administration, is to be read in accordance with section 96(4) of the Housing and Planning Act 2016;

“prescribed” means prescribed by housing administration rules within the meaning of Chapter 5 of Part 4 of the Housing and Planning Act 2016.

c

sub-paragraphs (1A) and (1B) were omitted, and

d

after sub-paragraph (3) there were inserted—

4

For the purposes of this Schedule a reference to a housing administration order includes a reference to an appointment under paragraph 91 or 103.