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 or is a [F1qualifying licensed water supplier ] [F1qualifying water supply licensee or a qualifying sewerage licensee] —
(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 or a [F1qualifying licensed water supplier] [F1qualifying water supply licensee or a qualifying sewerage licensee] , it shall, instead, make a special administration order in relation to the company.
Textual Amendments
F1Words in s. 25 substituted (1.4.2017 for specified purposes) by Water Act 2014 (c. 21), s. 94(3), Sch. 7 para. 37; S.I. 2017/462, art. 3(k)(vi)
Modifications etc. (not altering text)
C1S. 25 applied (with modifications) (28.6.2013) by The Water Industry (Specified Infrastructure Projects) (English Undertakers) Regulations 2013 (S.I. 2013/1582), reg. 1(1)(b), Sch. 1 para. 7(5) (with reg. 1(1)(c))