SCHEDULES

C5C2C15C3C4C6C8C7C11C13C14F3SCHEDULE B1 ADMINISTRATION

Annotations:
Amendments (Textual)
F3

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))

Modifications etc. (not altering text)
C5

Pt. 2 (including Sch. B1) applied (with modifications) (1.12.1994) by The Insolvent Partnerships Order 1994 (S.I. 1994/2421), art. 6(1), Sch. 2 (as amended (1.7.2005) by S.I. 2005/1516, art. 7, Sch. 1; (1.4.2013) by S.I. 2013/472, Sch. 2 para. 11(b)); (1.1.2015) by S.I. 2014/3486, arts. 1(2), 13 (with art. 3); (6.4.2017) by S.I. 2017/540, reg. 1, Sch. 2 para. 6 (with reg. 4); (19.12.2018) by S.I. 2018/1244, arts. 1(2), 19(2)(3) (with art. 3)); and (28.12.2020) (temp.) by S.I. 2020/1350, regs. 1(4), 121(3))

C2

Pt. 2 (including Sch. B1) applied (with modifications) (1.2.2011) by The Financial Services and Markets Act 2000 (Administration Orders Relating to Insurers) Order 2010 (S.I. 2010/3023), art. 2, Sch. (with art. 6) (as amended (1.4.2013) by S.I. 2013/472, Sch. 2 para. 195(c); and (7.4.2017) by S.I. 2017/400, regs. 1(2), 9)

C3

Pt. 2 (including Sch. B1) applied (with modifications) (6.4.2014) by The Co-operative and Community Benefit Societies and Credit Unions (Arrangements, Reconstructions and Administration) Order 2014 (S.I. 2014/229), art. 2(2), Sch. 1 (as renamed (1.8.2014) by S.I. 2014/1815, Sch. para 33; and as amended (1.8.2014) by S.I. 2014/1822, art. 5; and (13.3.2018) by S.I. 2018/208, regs. 1(3), 15(3)(b))

C4

Sch. B1 applied in part (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) (as amended (6.4.2017) by S.I. 2017/540, reg. 1, Sch. 1 para. 6(2) (with reg. 4))

C8

Sch. B1 specified provisions applied (with modifications) by S.I. 2012/3013, Sch. 2 Pt. 1 (as inserted (4.7.2018) by The Insolvency of Registered Providers of Social Housing Regulations 2018 (S.I. 2018/728), regs. 1, 3(6), Sch. 2)

C7

Sch. B1 specified provisions applied (with modifications) (4.7.2018) by The Insolvency of Registered Providers of Social Housing Regulations 2018 (S.I. 2018/728), regs. 1, 2(2), Sch. 1 Pt. 1

C11

Sch. B1 specified provisions applied (with modifications) (13.7.2018 for E.W.) by Financial Services (Banking Reform) Act 2013 (c. 33), s. 148(5), Sch. 6 para. 5; S.I. 2018/848, art. 2(b) (as amended by S.I. 2017/400, regs. 1(2), 6(a)(c); and S.I. 2018/208, regs. 1(3), 6(a))

C13

Sch. B1 specified provisions applied (with modifications) (31.1.2019) by Technical and Further Education Act 2017 (c. 19), s. 47(2), Sch. 3; S.I. 2018/1161, reg. 3(c) (as amended (26.12.2023) by 2023 c. 55, s. 255(2)(c), Sch. 4 para. 210(a) (with s. 247))

C14

Sch. B1 specified provisions applied (with modifications) (31.1.2019) by Technical and Further Education Act 2017 (c. 19), s. 47(2), Sch. 4; S.I. 2018/1161, reg. 3(d) (as amended: (28.6.2022) by 2022 c. 21, ss. 25(4), 36(2); and (26.12.2023) by 2023 c. 55, s. 255(2)(c), Sch. 4 para. 211(a) (with s. 247))

APPOINTMENT OF ADMINISTRATOR BY COURT

10Administration order

An administration order is an order appointing a person as the administrator of a company.

11Conditions for making order

The court may make an administration order in relation to a company only if satisfied—

a

that the company is or is likely to become unable to pay its debts, and

b

that the administration order is reasonably likely to achieve the purpose of administration.

C1012Administration application

1

An application to the court for an administration order in respect of a company (an “administration application”) may be made only by—

a

the company,

b

the directors of the company,

c

one or more creditors of the company,

d

the F1designated officer for a magistrates’ court in the exercise of the power conferred by section 87A of the Magistrates’ Courts Act 1980 (c. 43) (fine imposed on company), or

e

a combination of persons listed in paragraphs (a) to (d).

2

As soon as is reasonably practicable after the making of an administration application the applicant shall notify—

a

any person who has appointed an administrative receiver of the company,

b

any person who is or may be entitled to appoint an administrative receiver of the company,

c

any person who is or may be entitled to appoint an administrator of the company under paragraph 14, and

d

such other persons as may be prescribed.

3

An administration application may not be withdrawn without the permission of the court.

4

In sub-paragraph (1) “creditor” includes a contingent creditor and a prospective creditor.

F25

Sub-paragraph (1) is without prejudice to section 7(4)(b).

C1C9C13C12C1413C13C14Powers of court

1

On hearing an administration application the court may—

a

make the administration order sought;

b

dismiss the application;

c

adjourn the hearing conditionally or unconditionally;

d

make an interim order;

e

treat the application as a winding-up petition and make any order which the court could make under section 125;

f

make any other order which the court thinks appropriate.

2

An appointment of an administrator by administration order takes effect—

a

at a time appointed by the order, or

b

where no time is appointed by the order, when the order is made.

3

An interim order under sub-paragraph (1)(d) may, in particular—

a

restrict the exercise of a power of the directors or the company;

b

make provision conferring a discretion on the court or on a person qualified to act as an insolvency practitioner in relation to the company.

4

This paragraph is subject to paragraph 39.