21. In paragraph 10 of Schedule 2A to the Insolvency Act 1986(1) (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).
Commencement Information
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.