SCHEDULES
SCHEDULE 14PPP administration orders
Part IModifications of the 1986 Act
Discharge of order
7
1
Section 18 of the 1986 Act (discharge and variation of administration order), as applied by this Part of this Schedule, shall have effect as follows.
2
For subsections (1) and (2) there shall be substituted the following subsection—
1
An application for a PPP administration order to be discharged may be made—
a
by the special PPP administrator, on the ground that the purposes of the order have been achieved; or
b
by the Mayor of London, on the ground that it is no longer necessary that the purposes of the order are achieved.
3
In subsection (3), the words “or vary” shall be omitted.
4
In subsection (4), the words “or varied” and “or variation” shall be omitted and for the words “to the registrar of companies” there shall be substituted—
a
except where the company is an unregistered company which is not subject to a requirement imposed under or by virtue of section 691(1) or 718 of the [1985 c. 6.] Companies Act 1985 to deliver any documents to the registrar of companies, the words “to the Mayor of London and the registrar of companies”; and
b
where the company is an unregistered company which is not subject to such a requirement as is mentioned in paragraph (a) above, the words “to the Mayor of London”.