C1C2C3C4Part III Receivership
Pt. III (ss. 28-72) extended by S.I. 1989/638, regs. 19(1), 21
Pt. III: power to apply or incorporate conferred (6.4.2001) by 2000 c. 12, s. 14; S.I. 2000/3316, art. 2
F2CHAPTER IV PROHIBITION OF APPOINTMENT OF ADMINISTRATIVE RECEIVER
Pt. III Ch. IV (ss. 72A-72H) inserted (18.3.2003 for the purpose of giving effect to the insertion of s. 72H(2)-(5) and otherwise prosp.) by 2002 c. 40, ss. 250(1), 279 (with s. 249(6)); S.I. 2003/765, art. 2, Sch.
72DF1 Third exception: utilities
1
Section 72A does not prevent the appointment of an administrative receiver of a project company of a project which—
a
is a utility project, and
b
includes step-in rights.
2
In this section—
a
“utility project” means a project designed wholly or mainly for the purpose of a regulated business,
b
“regulated business” means a business of a kind listed in paragraph 10 of Schedule 2A,
c
“step-in rights” has the meaning given by paragraph 6 of that Schedule, and
d
“project company” has the meaning given by paragraph 7 of that Schedule.
Pts. I-VII (ss. 1-251) applied (with modifications) by S.I. 1989/1276, arts. 2, 3
Pt. 3 applied (with modifications) (4.4.2006) by The Cross-Border Insolvency Regulations 2006 (S.I. 2006/1030), reg. 3