SCHEDULE 20Conduct of energy administration
Part 3Further Schedule B1 modifications for non-GB companies
Modifications
37
(1)
Paragraph 41 of Schedule B1 to the 1986 Act (dismissal of receivers) has effect F1... as if—
(a)
for sub-paragraph (1) there were substituted the sub-paragraphs set out in sub-paragraph (2) of this paragraph; and
(b)
sub-paragraphs (2) to (4) of that paragraph were omitted.
(2)
“(1)
Where an energy administration order takes effect in respect of a company—
(a)
a person appointed to perform functions equivalent to those of an administrative receiver, and
(b)
if the energy administrator so requires, a person appointed to perform functions equivalent to those of a receiver,
shall refrain, during the period specified in sub-paragraph (1A), from performing those functions in Great Britain or in relation to any of the company’s property in Great Britain.
(1A)
That period is—
(a)
in the case of a person mentioned in sub-paragraph (1)(a), the period while the company is in energy administration; and
(b)
in the case of a person mentioned in sub-paragraph (1)(b), during so much of that period as is after the date on which he is required by the energy administrator to refrain from performing his functions.”