Part III Receivership

F1CHAPTER IV PROHIBITION OF APPOINTMENT OF ADMINISTRATIVE RECEIVER

F272GAException in relation to protected railway companies etc.

Section 72A does not prevent the appointment of an administrative receiver of—

(a)

a company holding an appointment under Chapter I of Part II of the Water Industry Act 1991,

(b)

a protected railway company within the meaning of section 59 of the Railways Act 1993(including that section as it has effect by virtue of section 19 of the Channel Tunnel Rail Link Act 1996, or

(c)

a licence company within the meaning of section 26 of the Transport Act 2000.