xmlns:atom="http://www.w3.org/2005/Atom"
Introductory Text
PART 1 General
1.Citation
2.Commencement
3.Extent
4.Interpretation
PART 2 Application of the Insolvency Act 1986 to special administration
5.Application, disapplication and modification
PART 3 General modifications
6.General modifications to provisions about administration
PART 4 The Insolvency Act 1986 – specific modifications
CHAPTER 1 Schedule B1 – specific modifications
7.Introduction
8.Special administrator
9.Status of special administrator
10.Powers of the court
11.Dismissal of pending winding-up application
12.Moratorium on insolvency proceedings
13.Moratorium on other legal process
14.Interim moratorium
15.Announcement of special administrator’s appointment
16.Statement of company’s affairs
17.Special administrator’s proposals
18.Revision of special administrator’s proposals
19.Special administrator’s power to manage
20.Special administrator’s general powers and dealings with protected land
21.Special administrator’s general duties
22.Charged property: non-floating charge
23.Hire-purchase property
24.Protection for priority creditor
25.Challenge to special administrator’s conduct of company
26.Court order ending special administration
27.Moving from special administration to creditors’ voluntary liquidation
28.Moving from special administration to dissolution
29.Resignation of special administrator
30.Special administrator ceasing to be qualified
31.Supplying vacancy in office of special administrator
32.Application to replace special administrator
33.Replacement of special administrator
34.Vacation of office: discharge from liability
35.Vacation of office: charges and liabilities
36.References to joint special administrators
37.Appointment of joint and concurrent special administrators
38.Penalties
39.Extension of time limits
40.Interpretation
CHAPTER 2 Insolvency Act 1986 (except Schedule B1) – specific modifications
41.Introduction
42.Moratorium coming to an end
43.Approval of voluntary arrangements
44.Effect of approval of voluntary arrangements
45.Challenge of decisions
46.Floating charge holder not to appoint administrative receiver
47.Avoidance of certain floating charges
48.Expressions used generally
49.Power to make rules
50.Insolvency rules committee
51.Co-operation between courts exercising jurisdiction in relation to insolvency
52.Powers of special administrator
53.Punishment of offences
PART 5 The Water Industry Act 1991 – amendment
54.Restrictions on voluntary winding up and insolvency proceedings
PART 6 Companies Act 2006 – specific modifications
55.Application of this Part
56.Modifications to Parts 26 and 26A of the Companies Act 2006
57.Interpretation of Parts 26 and 26A
58.Court order for holding meeting of creditors or members
59.Court sanction for compromise or arrangement
60.Powers of court to facilitate reconstruction or amalgamation
61.Court order for holding of meeting
62.Court sanction for compromise or arrangement
63.Powers of court to facilitate reconstruction or amalgamation
PART 7 Miscellaneous
64.Transitional provision
65.Consequential provision
Signature
Explanatory Note