Valid from 27/03/2006
F1Sch. B1 inserted (27.3.2006) by Insolvency (Northern Ireland) Order 2005 (S.I. 2005/1455 (N.I. 10)), arts. 1(3), 3(2), Sch. 1 (with art. 4); S.R. 2006/21, art. 2 (with S.R. 2006/22, arts. 2-7)
Modifications etc. (not altering text)
C1Sch. B1 applied (with modifications) (1.10.2011) by Postal Services Act 2011 (c. 5), ss. 73, 87(1)(2), 93(3), Sch. 10 Pt. 1, Sch. 10 Pt. 2
44.—(1) This paragraph applies to a company in administration.N.I.
(2) No step may be taken to enforce security over the company's property except—
(a)with the consent of the administrator, or
(b)with the permission of the High Court.
(3) No step may be taken to repossess goods in the company's possession under a hire-purchase agreement except—
(a)with the consent of the administrator, or
(b)with the permission of the Court.
(4) A landlord may not exercise a right of forfeiture by peaceable re-entry in relation to premises let to the company except—
(a)with the consent of the administrator, or
(b)with the permission of the Court.
(5) No legal process (including legal proceedings, execution and distress) may be instituted or continued against the company or property of the company except—
(a)with the consent of the administrator, or
(b)with the permission of the Court.
(6) An administrative receiver of the company may not be appointed.
(7) Where the Court gives permission for a transaction under this paragraph it may impose a condition on or a requirement in connection with the transaction.
(8) In this paragraph “landlord” includes a person to whom rent is payable.]
Modifications etc. (not altering text)
C2Sch. B1 para. 44(2)(3) excluded by Companies (No. 2) (Northern Ireland) Order 1990 (S.I. 1990/1504 (N.I. 10)), art.97(1) (as subst. (27.3.2006) by Insolvency (Northern Ireland) Order 2005 (S.I. 2005/1455 (N.I. 10)), arts. 1(3), 3(3), Sch. 2 para. 52(2) (with art. 4); S.R. 2006/21, art. 2 (with S.R. 2006/22, arts. 2 - 7))