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Changes over time for: Section 72E


Timeline of Changes
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Status:
Point in time view as at 27/09/2005.
Changes to legislation:
Insolvency Act 1986, Section 72E is up to date with all changes known to be in force on or before 09 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.

Changes to Legislation
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[72E Fourth exception: project financeE+W+S
(1)Section 72A does not prevent the appointment of an administrative receiver of a project company of a project which—
(a)is a financed project, and
(b)includes step-in rights.
(2)In this section—
(a)a project is “financed” if under an agreement relating to the project a project company incurs, or when the agreement is entered into is expected to incur, a debt of at least £50 million for the purposes of carrying out the project,
(b)“project company” has the meaning given by paragraph 7 of Schedule 2A, and
(c)“step-in rights” has the meaning given by paragraph 6 of that Schedule.]
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