{
  "url": "https://openlegislation.uk/draft-water-industry-special-administration-regulations-2024/regulation-5",
  "json_url": "https://openlegislation.uk/draft-water-industry-special-administration-regulations-2024/regulation-5.json",
  "legislation": "ukdsi/2024/9780348256277",
  "legislation_title": "The Water Industry (Special Administration) Regulations 2024",
  "legislation_url": "https://openlegislation.uk/draft-water-industry-special-administration-regulations-2024",
  "path": "regulation/5",
  "kind": "regulation",
  "number": "5",
  "heading": "Application, disapplication and modification",
  "text": "(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.\nTable 1\nSchedule B1 to the 1986 Act\nParagraphs\nDescription\n1\nInterpretation\n4 to 6\nAdministrator’s duties, status and qualifications\n13\nPowers of court\n40 to 49\nEffect of administration\n54\nRevision of administrator’s proposals\n59 to 75\nAdministrators: powers, duties, agency, property, challenge, misfeasance\n79\nEnding administration\n83 to 91\nMoving to other insolvency procedures, discharge and replacement\n95\nAppointment of replacement administrator by the court\n98 to 104\nDischarge of administrator’s liability, general provisions\n106\nPenalties\n107\nExtension of time limits\n109 to 111\nProvisions about time and interpretation\nTable 2\nOther provisions of the 1986 Act\nProvisions\nDescription\nsection A16\nCompany enters into insolvency procedure etc\nsection A43\nChallenges to monitor remuneration in insolvency proceedings\nsections 1 to 7B\nCompany voluntary arrangements\nsection 72A\nFloating charge holder not to appoint administrative receiver\nsection 133\nPublic examination of officers\nsection 140\nCourt appointment after administration or voluntary arrangement\nsection 214\nWrongful trading\nsections 233 to 237\nManagement by administrators, liquidators etc\nsections 238 to 241\nTransactions at an undervalue and preferences\nsection 244\nExtortionate credit transactions\nsection 245\nAvoidance of certain floating charges\nsection 246\nUnenforceability of liens on books etc\nsections 246ZA to 246ZC\nFraudulent and wrongful trading\nsection 246ZD\nPower to assign certain causes of action\nsections 246A to 246C\nRemote meetings, use of websites, creditors’ opt-out of notices\nsection 411\nPower to make insolvency rules\nsection 413\nInsolvency Rules Committee\nsection 424\nThose who may apply for an order under section 423\nsection 426\nCooperation between courts exercising insolvency law jurisdiction\nSchedule ZA1, paragraph 2\nMoratorium: eligible companies\nSchedule 1\nPowers of administrator or administrative receiver\nSchedule 8\nProvisions capable of inclusion in company insolvency rules\nSchedule 10\nPunishment of offences under the 1986 Act\n(2) The provisions of Schedule B1 to the 1986 Act that are not mentioned in table 1 do not apply to special administration.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "See section 23(3A) and (3B) of the Water Industry Act 1991 (c. 56)."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "Section 23(3) of the Water Industry Act 1991 (as substituted by paragraph 6 of Schedule 5 to the Flood and Water Management Act 2010) applies to special administration the provisions of Schedule B1 to the Insolvency Act 1986. Section 23(3A) of that Act confers on the Secretary of State a power to make regulations that disapply those provisions."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2024/9780348256277/regulation/5",
    "retrieved_at": "2026-10-30T14:41:49.344368+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}