18.—(1) A producer must inform NRW as soon as is practicable upon becoming aware that one or more relevant circumstances apply or are about to apply to them.
(2) For the purposes of this regulation “relevant circumstances” are—
(a)in the case of a corporate body—
(i)a winding-up order has been made or a resolution for voluntary winding-up has been passed;
(ii)a determination for a voluntary winding-up has been made;
(iii)a receiver or a manager of the company or limited liability partnership’s undertaking has been duly appointed;
(iv)its undertaking has entered administration;
(v)a voluntary arrangement proposed for the purposes of Part 1 of the Insolvency Act 1986(1) has been approved under that Part of the Act;
(b)in the case of an individual—
(i)a moratorium has been granted in a debt relief order, within the meaning of section 251A of the Insolvency Act 1986;
(ii)a composition or arrangement has been made with creditors;
(iii)a receiver or trustee in bankruptcy has been duly appointed;
(iv)a bankruptcy order has been made.
Commencement Information
I1Reg. 18 in force at 17.7.2023, see reg. 1(2)