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Regulation 59 Court sanction for compromise or arrangement

Original text. Later amendments are not shown.

Section 899f1 has effect as if, for subsection (2), there were substituted—

“(2)

An application under this section may only be made by the special administrator.

(2A)

The special administrator must give notice of an application made under this section to—

(a)

the relevant authority; and

(b)

the Water Services Regulation Authority.”.

Annotations

Footnotes

f1

Section 899 was amended by: the Corporate Insolvency and Governance Act 2020 (c. 12), section 7 and Schedule 9, paragraphs 30 and 35(1) and (4)(a); S.I. 2011/1265, article 28(1) and (3); and, S.I. 2008/948, articles 3(1)(b) and 6 and Schedule 1, paragraph 250(1) to (3).