Paragraph 48 I1

United Kingdom

(1)

The regulations may make provision for a court to make an order (a “heat network administration order”) in relation to a company that is the holder of a heat network authorisation directing that the affairs, business and property of the company are to be managed by a person appointed by the court (referred to in this Part as the heat network administrator of the company).

(2)

The regulations may make provision about the court that has jurisdiction in a particular case.

(3)

The regulations may limit the effect of a heat network administration order applying to a non-GB company or a non-NI company to—

(a)

its affairs and business so far as carried on in Great Britain or Northern Ireland (as the case may be), and

(b)

its property in Great Britain or Northern Ireland (as the case may be).

Annotations

Commencement

I1: Sch. 18 para. 48 in force at Royal Assent, see s. 334(2)(l)