xmlns:atom="http://www.w3.org/2005/Atom"

Part 3Energy Regulation

Chapter 3Special administration regime for energy licensees

Restrictions on other insolvency procedures

164Restrictions on enforcement of security

(1)No step to enforce a security over property of a protected energy company is to be taken by any person, unless—

(a)notice of his intention to do so has been served both on the Secretary of State and on GEMA; and

(b)a period of at least fourteen days has elapsed since the service of the last of those notices to be served.

(2)In the case of a protected energy company which is a non-GB company, the reference in subsection (1) to the property of the company is a reference only to its property in Great Britain.