Section 78 Enforcement of securityI1

(1)

A person may not take any step to enforce a security over property of a company which is a universal service provider unless—

(a)

notice of the intention to do so has been served on the Secretary of State and OFCOM, and

(b)

a period of at least 14 days has elapsed since the service of the last of those notices to be served.

(2)

In the case of a foreign company which is a universal service provider, the reference to the property of the company is to its property in the United Kingdom.

Annotations

Commencement

I1: S. 78 in force at 1.10.2011 by S.I. 2011/2329, art. 3