Interpretation for Part 3E+W
This section has no associated Explanatory Memorandum
3.1. In this Part—
“pre-administration costs” means fees charged, and expenses incurred by the administrator, or another person qualified to act as an insolvency practitioner in relation to the company, before the company entered administration but with a view to it doing so; and
“unpaid pre-administration costs” means pre-administration costs which had not been paid when the company entered administration.
Modifications etc. (not altering text)
C1Rules 3.1-3.3 applied (with modifications) (19.3.2024) by The Water Industry (Special Administration) (England and Wales) Rules 2024 (S.I. 2024/229), rules 1, 5, 34, 35, Sch. (with rule 2(2))