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Valid from 05/07/2018
39(1)References within sub-paragraph (2) which are contained—U.K.
(a)in the Insolvency Act 1986 (other than Schedule B1 to that Act), or
(b)in other legislation passed or made before this Act,
include references to whatever corresponds to them for the purposes of this paragraph.
(2)The references are those (however expressed) which are or include references to—
(a)an administrator appointed by an administration order,
(b)an administration order,
(c)an application for an administration order,
(d)a company in administration,
(e)entering into administration, and
(f)Schedule B1 to the Insolvency Act 1986 or a provision of that Schedule.
(3)For the purposes of this paragraph—
(a)a housing administrator of a company corresponds to an administrator appointed by an administration order,
(b)a housing administration order in relation to a company corresponds to an administration order,
(c)an application for a housing administration order in relation to a company corresponds to an application for an administration order,
(d)a company in housing administration corresponds to a company in administration,
(e)entering into housing administration in relation to a company corresponds to entering into administration, and
(f)what corresponds to Schedule B1 to the Insolvency Act 1986 or a provision of that Schedule is that Schedule or that provision as applied by Part 1 of this Schedule.
40(1)Paragraph 39, in its application to section 1(3) of the Insolvency Act 1986, does not entitle the housing administrator of an unregistered company to make a proposal under Part 1 of the Insolvency Act 1986 (company voluntary arrangements).U.K.
(2)Paragraph 39 does not confer any right under section 7(4) of the Insolvency Act 1986 (implementation of voluntary arrangements) for a supervisor of voluntary arrangements to apply for a housing administration order in relation to a company that is a private registered provider.
(3)Paragraph 39 does not apply to section 359 of the Financial Services and Markets Act 2000 (administration order).
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