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The Water Industry (Special Administration) Regulations 2024

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Change 1

What to do with it
As published

5 Application, disapplication and modification

(1) The provisions of the 1986 Act mentioned in tables 1 and 2 apply in relation to special administration as they apply in relation to administration but with the modifications set out in Parts 3 and 4 of these Regulations. Table 1 Schedule B1 to the 1986 Act Paragraphs | Description 1 | Interpretation 4 to 6 | Administrator’s duties, status and qualifications 13 | Powers of court 40 to 49 | Effect of administration 54 | Revision of administrator’s proposals 59 to 75 | Administrators: powers, duties, agency, property, challenge, misfeasance 79 | Ending administration 83 to 91 | Moving to other insolvency procedures, discharge and replacement 95 | Appointment of replacement administrator by the court 98 to 104 | Discharge of administrator’s liability, general provisions 106 | Penalties 107 | Extension of time limits 109 to 111 | Provisions about time and interpretation Table 2 Other provisions of the 1986 Act Provisions | Description section A16 | Company enters into insolvency procedure etc section A43 | Challenges to monitor remuneration in insolvency proceedings sections 1 to 7B | Company voluntary arrangements section 72A | Floating charge holder not to appoint administrative receiver section 133 | Public examination of officers section 140 | Court appointment after administration or voluntary arrangement section 214 | Wrongful trading sections 233 to 237 | Management by administrators, liquidators etc sections 238 to 241 | Transactions at an undervalue and preferences section 244 | Extortionate credit transactions section 245 | Avoidance of certain floating charges section 246 | Unenforceability of liens on books etc sections 246ZA to 246ZC | Fraudulent and wrongful trading section 246ZD | Power to assign certain causes of action sections 246A to 246C | Remote meetings, use of websites, creditors’ opt-out of notices section 411 | Power to make insolvency rules section 413 | Insolvency Rules Committee section 424 | Those who may apply for an order under section 423 section 426 | Cooperation between courts exercising insolvency law jurisdiction Schedule ZA1, paragraph 2 | Moratorium: eligible companies Schedule 1 | Powers of administrator or administrative receiver Schedule 8 | Provisions capable of inclusion in company insolvency rules Schedule 10 | Punishment of offences under the 1986 Act (2) The provisions of Schedule B1 to the 1986 Act that are not mentioned in table 1 do not apply to special administration.

Your change, as a redline

5 Application, disapplication and modification

(1) The provisions of the 1986 Act mentioned in tables 1 and 2 apply in relation to special administration as they apply in relation to administration but with the modifications set out in Parts 3 and 4 of these Regulations. Table 1 Schedule B1 to the 1986 Act Paragraphs | Description 1 | Interpretation 4 to 6 | Administrator’s duties, status and qualifications 13 | Powers of court 40 to 49 | Effect of administration 54 | Revision of administrator’s proposals 59 to 75 | Administrators: powers, duties, agency, property, challenge, misfeasance 79 | Ending administration 83 to 91 | Moving to other insolvency procedures, discharge and replacement 95 | Appointment of replacement administrator by the court 98 to 104 | Discharge of administrator’s liability, general provisions 106 | Penalties 107 | Extension of time limits 109 to 111 | Provisions about time and interpretation Table 2 Other provisions of the 1986 Act Provisions | Description section A16 | Company enters into insolvency procedure etc section A43 | Challenges to monitor remuneration in insolvency proceedings sections 1 to 7B | Company voluntary arrangements section 72A | Floating charge holder not to appoint administrative receiver section 133 | Public examination of officers section 140 | Court appointment after administration or voluntary arrangement section 214 | Wrongful trading sections 233 to 237 | Management by administrators, liquidators etc sections 238 to 241 | Transactions at an undervalue and preferences section 244 | Extortionate credit transactions section 245 | Avoidance of certain floating charges section 246 | Unenforceability of liens on books etc sections 246ZA to 246ZC | Fraudulent and wrongful trading section 246ZD | Power to assign certain causes of action sections 246A to 246C | Remote meetings, use of websites, creditors’ opt-out of notices section 411 | Power to make insolvency rules section 413 | Insolvency Rules Committee section 424 | Those who may apply for an order under section 423 section 426 | Cooperation between courts exercising insolvency law jurisdiction Schedule ZA1, paragraph 2 | Moratorium: eligible companies Schedule 1 | Powers of administrator or administrative receiver Schedule 8 | Provisions capable of inclusion in company insolvency rules Schedule 10 | Punishment of offences under the 1986 Act (2) The provisions of Schedule B1 to the 1986 Act that are not mentioned in table 1 do not apply to special administration.

One line that says what changes, such as "Halve the dog tax".

Who it helps, what it costs, what it fixes. It is what persuades people to support it.

How this law is officially changed

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