# The Insolvency (Northern Ireland) Order 1989, Paragraph 1


(1) Where any right to appoint an administrative receiver of a company is conferred by any debentures or floating charge created before the commencement date, the conditions precedent to the exercise of that right are deemed to include the presentation of a petition applying for an administration order to be made in relation to the company.
(2) In sub‐paragraph (1) “administrative receiver” has the meaning assigned by Article 5(1).

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Source: https://www.legislation.gov.uk/nisi/1989/2405/schedule/8/paragraph/1 (the official version)
Page: https://openlegislation.uk/insolvency-northern-ireland-order-1989/schedule-8/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.