SCHEDULES
SCHEDULE 3 SPECIAL ADMINISTRATION ORDERS
Part I MODIFICATIONS OF THE 1986 ACT
Effect of order
2
In section 11 of the 1986 Act (effect of order), as applied by this Part of this Schedule—
a
the requirement in subsection (1)(a) that any petition for the winding up of the company shall be dismissed shall be without prejudice to the special administration order in a case where the order is made by virtue of section 25 of this Act;
b
the references in subsections (1)(b), (3)(b) and (4) to an administrative receiver, in relation to a statutory water company that is not a limited company, shall include references to any receiver whose functions in relation to that company correspond to those of an administrative receiver in relation to a limited company; and
c
the reference in subsection (3)(d) to proceedings shall include a reference to any proceedings under or for the purposes of section 18 of this Act.