UK Statutory Instrument 2024 United Kingdom

The Water Industry (Special Administration) Regulations 2024

At a glance

What this Act requires

Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.

Part 1 — General

Browse 4 other sections in this Part — procedural / definitional / commencement
s.001

Citation

s.002

Commencement

s.003

Extent

s.004

Interpretation

Part 2 — Application of the Insolvency Act 1986 to special administration

Browse 1 other section in this Part — procedural / definitional / commencement
s.005

Application, disapplication and modification

Part 3 — General modifications

Browse 1 other section in this Part — procedural / definitional / commencement
s.006

General modifications to provisions about administration

Part 4 — The Insolvency Act 1986 – specific modifications

Browse 47 other sections in this Part — procedural / definitional / commencement
s.007

Introduction

s.008

Special administrator

s.009

Status of special administrator

s.010

Powers of the court

s.011

Dismissal of pending winding-up application

s.012

Moratorium on insolvency proceedings

s.013

Moratorium on other legal process

s.014

Interim moratorium

s.015

Announcement of special administrator’s appointment

s.016

Statement of company’s affairs

s.017

Special administrator’s proposals

s.018

Revision of special administrator’s proposals

s.019

Special administrator’s power to manage

s.020

Special administrator’s general powers and dealings with protected land

s.021

Special administrator’s general duties

s.022

Charged property: non-floating charge

s.023

Hire-purchase property

s.024

Protection for priority creditor

s.025

Challenge to special administrator’s conduct of company

s.026

Court order ending special administration

s.027

Moving from special administration to creditors’ voluntary liquidation

s.028

Moving from special administration to dissolution

s.029

Resignation of special administrator

s.030

Special administrator ceasing to be qualified

s.031

Supplying vacancy in office of special administrator

s.032

Application to replace special administrator

s.033

Replacement of special administrator

s.034

Vacation of office: discharge from liability

s.035

Vacation of office: charges and liabilities

s.036

References to joint special administrators

s.037

Appointment of joint and concurrent special administrators

s.038

Penalties

s.039

Extension of time limits

s.040

Interpretation

s.041

Introduction

s.042

Moratorium coming to an end

s.043

Approval of voluntary arrangements

s.044

Effect of approval of voluntary arrangements

s.045

Challenge of decisions

s.046

Floating charge holder not to appoint administrative receiver

s.047

Avoidance of certain floating charges

s.048

Expressions used generally

s.049

Power to make rules

s.050

Insolvency rules committee

s.051

Co-operation between courts exercising jurisdiction in relation to insolvency

s.052

Powers of special administrator

s.053

Punishment of offences

Part 5 — The Water Industry Act 1991 – amendment

Browse 1 other section in this Part — procedural / definitional / commencement
s.054

Restrictions on voluntary winding up and insolvency proceedings

Part 6 — Companies Act 2006 – specific modifications

Browse 9 other sections in this Part — procedural / definitional / commencement
s.055

Application of this Part

s.056

Modifications to Parts 26 and 26A of the Companies Act 2006

s.057

Interpretation of Parts 26 and 26A

s.058

Court order for holding meeting of creditors or members

s.059

Court sanction for compromise or arrangement

s.060

Powers of court to facilitate reconstruction or amalgamation

s.061

Court order for holding of meeting

s.062

Court sanction for compromise or arrangement

s.063

Powers of court to facilitate reconstruction or amalgamation

Part 7 — Miscellaneous

Browse 2 other sections in this Part — procedural / definitional / commencement
s.064

Transitional provision

s.065

Consequential provision

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