SCHEDULES
SCHEDULE 16Transfer to SRA of Franchising Director’s functions
Insolvency Act 1986 (c. 45)
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.
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”.