SCHEDULES
F2C3C4C5SCHEDULE 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)
EFFECT OF ADMINISTRATION
C143Moratorium on other legal process
1
This paragraph applies to a company in administration.
C22
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 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
In Scotland, a landlord may not exercise a right of irritancy in relation to premises let to the company except—
a
with the consent of the administrator, or
b
with the permission of the court.
6
No legal process (including legal proceedings, execution, distress and diligence) 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.
F16A
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.
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))