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Water Industry Act 1991

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Changes over time for: Cross Heading: Duties of special administrator

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Water Industry Act 1991, Cross Heading: Duties of special administrator is up to date with all changes known to be in force on or before 14 February 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

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Changes and effects yet to be applied to Schedule 3 Part I Crossheading Duties-of-special-administrator:

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Duties of special administratorE+W

6(1)Section 17 of the 1986 Act (duties of administrator), as applied by this Part of this Schedule, shall have effect as follows.E+W

(2)For subsection (2) there shall be substituted the following subsection—

“(2)Subject to any directions of the court, it shall be the duty of the special administrator to manage the affairs, business and property of the company in accordance with proposals, as for the time being revised under section 23, which have been prepared for the purposes of that section by him or any predecessor of his.”

(3)In subsection (3), paragraph (a) (right of creditors to require the holding of a creditors’ meeting) shall be omitted.

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