SCHEDULES

SCHEDULE 4Conduct of education administration: companies

Specific modifications to Schedule B1 to the Insolvency Act 1986

14

Paragraph 60 (powers of an administrator) is to have effect as if the following were substituted for itβ€”

60

1

The education administrator of a company has the powers specified in Schedule 1 to this Act.

2

The education administrator of a company has the power to act on behalf of the company for the purposes of provision contained in any legislation which confers a power on the company or imposes a duty on it.

3

In sub-paragraph (2) β€œlegislation” means provision made by or under any Act.