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
60.—(1) The administrator of a company may do anything necessary or expedient for the management of the affairs, business and property of the company.N.I.
(2) A provision of this Schedule which expressly permits the administrator to do a specified thing is without prejudice to the generality of sub-paragraph (1).
(3) A person who deals with the administrator of a company in good faith and for value need not inquire whether the administrator is acting within his powers.
61. The administrator of a company has the powers specified in Schedule 1.N.I.
62. The administrator of a company—N.I.
(a)may remove a director of the company, and
(b)may appoint a director of the company (whether or not to fill a vacancy).
63. The administrator of a company may call a meeting of members or creditors of the company.N.I.
64. The administrator of a company may apply to the High Court for directions in connection with his functions.N.I.
65.—(1) A company in administration or an officer of a company in administration may not exercise a management power without the consent of the administrator.N.I.
(2) For the purpose of sub-paragraph (1)—
(a)“ management power” means a power which could be exercised so as to interfere with the exercise of the administrator's powers,
(b)it is immaterial whether the power is conferred by an enactment or an instrument, and
(c)consent may be general or specific.]