SCHEDULES

C2C1F1SCHEDULE ZA1Moratorium: Eligible companies

Annotations:
Amendments (Textual)
Modifications etc. (not altering text)

17Public-private partnership project companies

1

For the purposes of paragraph 15 a project has “step-in rights” if a person who provides finance in connection with the project has a conditional entitlement under an agreement to—

a

assume sole or principal responsibility under an agreement for carrying out all or part of the project, or

b

make arrangements for carrying out all or part of the project.

2

In sub-paragraph (1) a reference to the provision of finance includes a reference to the provision of an indemnity.