Paragraph 40 I1

England, Wales and Scotland

Paragraph 64 of Schedule B1 to the 1986 Act (general powers of administrator) has effect F1... as if—

(a)

in sub-paragraph (1), after “power” there were inserted “ in relation to the affairs or business of the company so far as carried on in Great Britain or to its property in Great Britain ”; and

(b)

in sub-paragraph (2)(b), after “instrument” there were inserted “ or by the law of the place where the company is incorporated ”.

Annotations

Textual amendments

F1: Words in Sch. 20 para. 40 omitted (1.10.2009) by virtue of The Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009 (S.I. 2009/1941), art. 1(2), Sch. 1 para. 220(11)(e) (with art. 10)

Commencement

I1: Sch. 20 para. 40 in force at 5.10.2004 by S.I. 2004/2575, art. 2(1), Sch. 1

Notes on Schedule 20

Modifications

C1: Sch. 20 modified (1.10.2005) by Energy Administration Rules 2005 (S.I. 2005/2483), rules 1, 184 (with rules 3, 187)
C2: Sch. 20 applied (with modifications) (18.12.2011) by Energy Act 2011 (c. 16), s. 96(1)-(4), 121(3)
C3: Sch. 20 modified (7.6.2013) by The Energy Supply Company Administration Rules 2013 (S.I. 2013/1046), rules 1, 205(2)-(4) (with rules 3, 208)
C4: Sch. 20 applied (with modifications) (23.7.2018) by Smart Meters Act 2018 (c. 14), ss. 4(1)-(4), 14(5)
C5: Schs. 20, 21 modified (E.W.) (1.8.2020) by The Smart Meter Communication Licensee Administration (England and Wales) Rules 2020 (S.I. 2020/629), rules 1, 3(2)-(4) (with rule 4(1))
C6: Sch. 20 applied (with modifications) (31.3.2022 for specified purposes, 1.6.2022 in so far as not already in force) by Nuclear Energy (Financing) Act 2022 (c. 15), ss. 33(1)-(5), 44(1)(c)(2)(c)
C7: Sch. 20 power to apply (with modifications) conferred (26.10.2023) by Energy Act 2023 (c. 52), s. 334(2)(l), Sch. 18 para. 50
C8: Sch. 20 applied (with modifications) (26.12.2023) by Energy Act 2023 (c. 52), ss. 44, 334(3)(a)

Notes on Part 3

Textual amendments

F1: Words in Sch. 20 Pt. 3 heading substituted (1.10.2009) by The Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009 (S.I. 2009/1941), art. 1(2), Sch. 1 para. 220(11)(b) (with art. 10)