Part IIE+W APPOINTMENTMENT AND REGULATION OF UNDERTAKERS

CHAPTER IIE+W ENFORCEMENT OF INSOLVENCY

Special administration ordersE+W

25 Power to make special administration order on winding-up petition.E+W

On an application made to any court for the winding up of a company which holds an appointment under Chapter I of this Part [F1or is a qualifying licensed water supplier]

(a)the court shall not make a winding-up order in relation to the company; but

(b)if the court is satisfied that it would be appropriate to make such an order if the company were not a company holding such an appointment [F2or a qualifying licensed water supplier] , it shall, instead, make a special administration order in relation to the company.

Textual Amendments

Modifications etc. (not altering text)