SCHEDULES

SCHEDULE 5Conduct of housing administration: companies

PART 3Other modifications

General modifications

I139

1

References within sub-paragraph (2) which are contained—

a

in the Insolvency Act 1986 (other than Schedule B1 to that Act), or

b

in other legislation 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 Insolvency Act 1986 or a provision of that Schedule.

3

For the purposes of this paragraph—

a

a housing administrator of a company corresponds to an administrator appointed by an administration order,

b

a housing administration order in relation to a company corresponds to an administration order,

c

an application for a housing administration order in relation to a company corresponds to an application for an administration order,

d

a company in housing administration corresponds to a company in administration,

e

entering into housing administration in relation to a company corresponds to entering into administration, and

f

what corresponds to Schedule B1 to the Insolvency Act 1986 or a provision of that Schedule is that Schedule or that provision as applied by Part 1 of this Schedule.

I240

1

Paragraph 39, in its application to section 1(3) of the Insolvency Act 1986, does not entitle the housing administrator of an unregistered company to make a proposal under Part 1 of the Insolvency Act 1986 (company voluntary arrangements).

2

Paragraph 39 does not confer any right under section 7(4) of the Insolvency Act 1986 (implementation of voluntary arrangements) for a supervisor of voluntary arrangements to apply for a housing administration order in relation to a company that is a private registered provider.

3

Paragraph 39 does not apply to section 359 of the Financial Services and Markets Act 2000 (administration order).