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Changes over time for: Section 29
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Timeline of Changes
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Status:
Point in time view as at 27/04/2017.
Changes to legislation:
Transport Act 2000, Section 29 is up to date with all changes known to be in force on or before 03 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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Changes to Legislation
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29 Air traffic administration orders.U.K.
This section has no associated Explanatory Notes
(1)An air traffic administration order made under section 27 or 28 is an order directing that in the period while the order is in force the company’s affairs, business and property are to be managed by a person appointed by the court—
(a)for the achievement of the following two purposes, and
(b)in a manner which protects the interests of the company’s members and creditors.
(2)The first purpose is—
(a)the transfer to another company, as a going concern, of so much of the licence company’s undertaking as it is necessary to transfer to ensure that its licensed activities may be properly carried out, or
(b)the transfer to different companies of different parts of the licence company’s undertaking, as going concerns, where the parts together constitute so much of its undertaking as is described in paragraph (a).
(3)The second purpose is the carrying on, pending the transfer, of the licence company’s licensed activities.
(4)A reference to a licence company’s licensed activities is to the activities which the licence concerned authorises the company to carry out.
(5)In subsection (1) “business” and “property” have the same meanings as in the 1986 Act.
(6)The reference in subsection (1) to the court is to the court making the order.
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