The Water Industry (Special Administration) (England and Wales) Rules 2024

Application of Part 14 and interpretation (rule 14.1)

86.  Rule 14.1 has effect as if—

(a) for paragraph (1) there were substituted—

“(1) This Part applies to decision procedures.”;

(b) for paragraph (2) there were substituted—

“(2) The definitions in this rule apply to decision procedures.”;

(c) in paragraph (3)—

(i) the words “decision procedures in respect of a moratorium under Part A1 of the Act, winding up and” were omitted;

(ii) for ““relevant date” means” to “bankruptcy order” there were substituted ““relevant date” means the date on which the company entered special administration.”;

(d) paragraph 3A were omitted;

(e) in paragraph (4), for “about moratoriums” to “or administration” there were substituted “any liability in tort is a debt provable in the special administration”;

(f) in paragraphs (5) and (6), the words from “about moratoriums” to “administration” were omitted.