Point in time view as at 01/12/1991. This version of this provision has been superseded.
There are outstanding changes not yet made by the legislation.gov.uk editorial team to Water Industry Act 1991. Any changes that have already been made by the team appear in the content and are referenced with annotations.
On an application made to any court for the winding up of a company which holds an appointment under Chapter I of this Part—
(a)the court shall not make a winding-up order in relation to the company; but
(b)if the court is satisfied that it would be appropriate to make such an order if the company were not a company holding such an appointment, it shall, instead, make a special administration order in relation to the company.
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