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The Water Industry (Special Administration) (England and Wales) Rules 2024

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Moving from administration to dissolution (paragraph 84 of Schedule B1) (rule 3.61)

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53.  Rule 3.61 has effect as if—

(a)for paragraph (5) there were substituted—

“(5) Where the court makes an order under paragraph 84(7) of Schedule B1, it must—

(a)where the applicant is the special administrator, deliver a copy of the order to the relevant authority and the Water Services Regulation Authority;

(b)where the applicant is the relevant authority, deliver a copy of the order to the special administrator and the Water Services Regulation Authority; or

(c)where the applicant is the Water Services Regulation Authority, deliver a copy of the order to the special administrator and the relevant authority.”;

(b)after paragraph (6), there were inserted—

“(7) The Water Services Regulation Authority must notify the relevant authority before consenting to the special administrator delivering to the registrar of companies a notice of moving from special administration to dissolution.”.

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