PART 6Special administration for operators of certain infrastructure systems
FMI administration orders
I1114FMI administration orders
1
In this Part “FMI administration order” means an order which—
a
is made by the court in relation to an infrastructure company, and
b
directs that, while the order is in force, the affairs, business and property of the company are to be managed by a person appointed by the court.
2
A person appointed as mentioned in subsection (1)(b) is referred to in this Part as an FMI administrator.
3
The FMI administrator of a company must manage its affairs, business and property, and exercise and perform the FMI administrator's functions, so as to achieve the objective in section 115.