SCHEDULES
F1C1C2C3SCHEDULE B1 ADMINISTRATION
Sch. B1 applied in part (with modifications) (5.10.2004) by Energy Act 2004 (c. 20), ss. 159(1), 198, Sch. 20 Pts. 1-3; S.I. 2004/2575, art. 2(1), Sch. 1
Sch. B1 applied (with modifications) (1.7. 2005) by S.I. 1994/2421, art. 6(1), Sch. 2 (as amended (1.7.2005) by S.I. 2005/1516, arts. 3, 7, Sch. 1 (with art. 2))
Sch. B1: specified provisions applied (with modifications) (1.10.2011) by Postal Services Act 2011 (c. 5), ss. 73, 93(2)(3), {Sch. 10 Pts. 1, 2}; S.I. 2011/2329, art. 3 (with arts. 4, 5)
ADMINISTRATION APPLICATION – SPECIAL CASES
37Application where company in liquidation
1
This paragraph applies where the holder of a qualifying floating charge in respect of a company’s property could appoint an administrator under paragraph 14 but for paragraph 8(1)(b).
2
The holder of the qualifying floating charge may make an administration application.
3
If the court makes an administration order on hearing an application made by virtue of sub-paragraph (2)—
a
the court shall discharge the winding-up order,
b
the court shall make provision for such matters as may be prescribed,
c
the court may make other consequential provision,
d
the court shall specify which of the powers under this Schedule are to be exercisable by the administrator, and
e
this Schedule shall have effect with such modifications as the court may specify.
Sch. B1 inserted (15.9.2003) by 2002 c. 40, ss. 248(2), 279, Sch. 16 (with s. 249(1)-(3)(6)); S.I. 2003/2093, art. 2(1), Sch. 1 (subject to arts. 3-8 (as amended by S.I. 2003/2332, art. 2))