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Rule 90 Moving from T&S administration to dissolution

Original text. Later amendments are not shown.

(1)

Where, for the purposes of paragraph 84(1) of Schedule B1 to the 1986 Actf1, the T&S administrator delivers to the registrar of companies a notice of moving from T&S administration to dissolution, the T&S administrator must attach to that notice a final progress report.

(2)

As soon as reasonably practicable after delivering the notice to the registrar of companies, the T&S administrator must deliver—

(a)

a copy of the notice and final progress report to the Secretary of State, the Gas and Electricity Markets Authority and all those persons to whom notice of the T&S administrator’s appointment was delivered, and

(b)

a copy of the final progress report with any other copy of the notice that is sent as required by paragraph 84(5)(b) of Schedule B1 to the 1986 Act.

(3)

Where a court makes an order under paragraph 84(7) of Schedule B1 to the 1986 Act it must, where the applicant is not the T&S administrator, deliver a copy of the order to the T&S administrator.

(4)

The T&S administrator must deliver a copy of the order to the registrar of companies with the notice required by paragraph 84(8) of Schedule B1 to the 1986 Act.

(5)

The Gas and Electricity Markets Authority must notify the Secretary of State before directing the T&S administrator to deliver a notice of moving from T&S administration to dissolution to the registrar of companies.

Annotations

Footnotes

f1

Paragraph 84 was amended by the Small Business, Enterprise and Employment Act 2015, Schedule 9, paragraph 10 and S.I. 2019/146.