SCHEDULES

SCHEDULE 16U.K. Transfer to SRA of Franchising Director’s functions

Commencement Information

I1Sch. 16 wholly in force at 1.2.2001, see s. 275(1) and S.I. 2001/57, art. 3(1), Sch. 2 Pt. I (subject to the transitional provision and saving in Sch. 2 Pt. II)

Insolvency Act 1986 (c.45)E+W+S

2E+W+SSections 11 to 23 and 27 of the Insolvency Act 1986, as they apply by virtue of Schedule 6 to the M1Railways Act 1993 (with the modifications specified in that Schedule) where a railway administration order has been made, have effect subject to the following amendments.

Commencement Information

I2Sch. 16 wholly in force at 1.2.2001, see s. 275(1) and S.I. 2001/57, art. 3(1), Sch. 2 Pt. I (subject to the transitional provision and saving in Sch. 2 Pt. II)

Marginal Citations

3E+W+SIn section 13(3) (appointment of administrator), as it has effect as substituted by paragraph 3 of Schedule 6, for “Director of Passenger Rail Franchising” substitute “ Strategic Rail Authority ”.

Commencement Information

I3Sch. 16 wholly in force at 1.2.2001, see s. 275(1) and S.I. 2001/57, art. 3(1), Sch. 2 Pt. I (subject to the transitional provision and saving in Sch. 2 Pt. II)

4(1)Section 18 (discharge and variation of administration order), as it has effect as provided by paragraph 7 of Schedule 6, is amended as follows.E+W+S

(2)In subsection (1), as substituted by sub-paragraph (2) of paragraph 7, for “Director of Passenger Rail Franchising” substitute “ Strategic Rail Authority ”.

(3)In subsection (4), in the words substituted by paragraphs (a) and (b) of sub-paragraph (4) of paragraph 7, for “Director of Passenger Rail Franchising” substitute “ Strategic Rail Authority ”.

Commencement Information

I4Sch. 16 wholly in force at 1.2.2001, see s. 275(1) and S.I. 2001/57, art. 3(1), Sch. 2 Pt. I (subject to the transitional provision and saving in Sch. 2 Pt. II)

5E+W+SIn section 21(1) (notice of order to be given by administrator), as it has effect as provided by paragraph 8 of Schedule 6, in the words substituted by paragraphs (a) and (b) of that paragraph, for “Director of Passenger Rail Franchising” substitute “ Strategic Rail Authority ”.

Commencement Information

I5Sch. 16 wholly in force at 1.2.2001, see s. 275(1) and S.I. 2001/57, art. 3(1), Sch. 2 Pt. I (subject to the transitional provision and saving in Sch. 2 Pt. II)

6E+W+SIn section 23 (statement of proposals), as it has effect as provided by paragraph 9 of Schedule 6, in subsections (1) and (2A) as substituted by that paragraph, for “Director of Passenger Rail Franchising” substitute “ Strategic Rail Authority ”.

Commencement Information

I6Sch. 16 wholly in force at 1.2.2001, see s. 275(1) and S.I. 2001/57, art. 3(1), Sch. 2 Pt. I (subject to the transitional provision and saving in Sch. 2 Pt. II)

7E+W+SIn section 27 (protection of interests of creditors and members), as it has effect as provided by paragraph 10 of Schedule 6, in—

(a)subsection (1A), as inserted by sub-paragraph (2) of that paragraph, and

(b)subsection (6) as substituted by sub-paragraph (5) of that paragraph,

for “Director of Passenger Rail Franchising” substitute “ Strategic Rail Authority ”.

Commencement Information

I7Sch. 16 wholly in force at 1.2.2001, see s. 275(1) and S.I. 2001/57, art. 3(1), Sch. 2 Pt. I (subject to the transitional provision and saving in Sch. 2 Pt. II)