OpenLegislation

Paragraph 40 I1

(1)

Paragraph 39, in its application to section 1(3) of the Insolvency Act 1986, does not entitle the housing administrator of an unregistered company to make a proposal under Part 1 of the Insolvency Act 1986 (company voluntary arrangements).

(2)

Paragraph 39 does not confer any right under section 7(4) of the Insolvency Act 1986 (implementation of voluntary arrangements) for a supervisor of voluntary arrangements to apply for a housing administration order in relation to a company that is a private registered provider.

(3)

Paragraph 39 does not apply to section 359 of the Financial Services and Markets Act 2000 (administration order).

Annotations

Commencement

I1

Sch. 5 para. 40 in force at 5.7.2018 by S.I. 2018/805, reg. 3(b)