Part 3Energy Regulation

C1Chapter 3Special administration regime for energy licensees

Annotations:
Modifications etc. (not altering text)
C1

Pt. 3 Ch. 3: power to modify conferred (31.3.2022 for specified purposes, 1.6.2022 in so far as not already in force) by Nuclear Energy (Financing) Act 2022 (c. 15), ss. 38, 44(1)(c)(2)(c)

Supplemental provision of Chapter 3 of Part 3

I1C3C8C5C6C2C4C1C7171C1Interpretation of Chapter 3 of Part 3

1

In this Chapter—

  • “the 1986 Act” means the Insolvency Act 1986 (c. 45);

  • “business”, “member”, “property” and “security” have the same meanings as in the 1986 Act;

  • F6“company” means—

    1. a

      a company registered under the Companies Act 2006, or

    2. b

      an unregistered company;

  • F5“court”, in relation to a company, means the court—

    1. a

      having jurisdiction to wind up the company, or

    2. b

      that would have such jurisdiction apart from section 221(2) or 441(2) of the Insolvency Act 1986 (exclusion of winding up jurisdiction in case of companies having principal place of business in, or incorporated in, Northern Ireland);

  • “energy administration order” has the meaning given by section 154(1);

  • “energy administration rules” means rules made under section 411 of the 1986 Act by virtue of section 159(3) of this Act;

  • “energy administrator” has the meaning given by section 154(2) and is to be construed in accordance with subsection (2) of this section;

  • F2“non-GB company” means a company incorporated outside Great Britain;

  • “objective of the energy administration” is to be construed in accordance with section 155;

  • “protected energy company” has the meaning given by section 154(5);

  • “relevant licence” has the meaning given by section 154(5);

  • F1“unregistered company” means a company that is not registered under the Companies Act 2006.

2

In this Chapter references to the energy administrator of a company—

a

include references to a person appointed under paragraph 91 or 103 of Schedule B1 to the 1986 Act, as applied by Part 1 of Schedule 20 to this Act, to be the energy administrator of that company; and

b

where two or more persons are appointed to be the energy administrator of that company, are to be construed in accordance with the provision made under section 158(5).

3

References in this Chapter to a person qualified to act as an insolvency practitioner in relation to a company are to be construed in accordance with Part 13 of the 1986 Act (insolvency practitioners and their qualifications); but as if references in that Part to a company included references to a F3Northern Ireland company.

4

For the purposes of this Chapter an application made to the court is outstanding if it—

a

has not yet been granted or dismissed; and

b

has not been withdrawn.

5

For the purposes of subsection (4) an application is not to be taken as having been dismissed if an appeal against the dismissal of the application, or a subsequent appeal, is pending.

6

An appeal shall be treated as pending for the purposes of subsection (5) if—

a

such an appeal has been brought and has been neither determined nor withdrawn;

b

an application for permission to appeal has been made but has not been determined or withdrawn; or

c

no such appeal has been brought and the period for bringing an appeal is still running.

7

References in this Chapter to Schedule B1 to the 1986 Act, or to a provision of that Schedule (except the references in subsection (2) of this section), are references to that Schedule or that provision without the modifications made by Part 1 of Schedule 20 to this Act.

F48

In this section “Northern Ireland company” means a company registered under the Companies Act 2006 in Northern Ireland.