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The Water Industry (Special Administration) Regulations 2024

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This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The Water Industry (Special Administration) Regulations 2024 No. 205

PART 3General modifications

General modifications to provisions about administration

6.—(1) Subject to the following provisions of these Regulations, and except where the context demands otherwise(1), references in any enactment to any term specified in column 1 of the table include references to the term specified in column 2(2).

Table

Column 1Column 2
administrationspecial administration
administration applicationspecial administration application
administration orderspecial administration order
administratorspecial administrator
enters administrationenters special administration
purpose(s) of administrationpurposes of special administration

(2) In any enactment modified under paragraph (1), the terms in column 2 of the table are to be construed in accordance with Schedule B1 to the 1986 Act as modified under Part 4 of these Regulations.

(1)

See for example section A50 of the Insolvency Act 1986 and provision made in other special administration regimes that makes a distinction between ordinary administration and special administration.

(2)

Regulation 6 is derived from and replaces a similar insolvency provision that applied in respect of the special administration of water industry companies under paragraph 11 (general modifications and saving) of Schedule 3 (special administration orders) to the Water Industry Act 1991 (c. 56). Schedule 3 (which modified saved Part 2 of the Insolvency Act 1986 as it applied to special administration) was replaced by Schedule B1 to the Insolvency Act 1986 (c. 45) under the Flood and Water Management Act 2010 (c. 29), section 34, Schedule 5, paragraph 6.

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