PART 3 Consequential amendments to primary legislation

21 The Insolvency Act 1986
In paragraph 10 of Schedule 2A to the Insolvency Act 1986 (exceptions to the prohibition on appointment of administrative receiver: supplementary provisions)—
(a) for sub-paragraph (1)(n) substitute—

“(n) in reliance on a railway undertaking licence granted pursuant to the Railway (Licensing of Railway Undertakings) Regulations 2005.”

;
(b) omit sub-paragraph (2B).
Reg. 21 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)
1986 c. 45; Schedule 2A was inserted by the Enterprise Act 2002 (c.40) section 250(2), Schedule 18; the relevant amending instruments are S.I. 2005/3050 and 2016/645.