# The Water Industry (Special Administration) (England and Wales) Rules 2024, Rule 148: Remuneration: new administrator, liquidator or trustee (rule 18.31)


Rule 18.31 has effect as if for that rule there were substituted—
“Remuneration: new administrator, liquidator or trustee
18.31. (1) If a new special administrator is appointed in place of a special administrator, any court order in effect under rule 18.23 (remuneration: application to the court to fix the basis) immediately before the former special administrator ceased to hold office continues to apply in respect of the remuneration of the new special administrator until a further court order is made in accordance with those provisions.
(2) Where a special administrator has ceased to act as such for any reason, the special administrator (or the special administrator’s estate, as the case may be) is to be entitled to any amounts outstanding on the basis of the services which that special administrator provided in accordance with Rule 18.23.”.

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Source: https://www.legislation.gov.uk/uksi/2024/229/rule/148 (the official version)
Page: https://openlegislation.uk/water-industry-special-administration-england-and-wales-rules-2024/rule-148
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.