UK Statutory Instrument SI 2024 United Kingdom

The Water Industry (Special Administration) Regulations 2024

Read it on legislation.gov.uk (opens in a new tab)
Status
In Force
Penalty ceiling
Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Director or Officer7

Plus 2 duties on the regulator, Crown ministers and public bodies — folded into the section list below.

Other Acts binding the same actors

If a role above is yours, these are the other instruments that most often bind it.

Director or Officer — also bound by 482 other Acts
Companies Act 2006 126 duties

What it requires

Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

Part 1

General

0 of 4 sections shown
4 other sections in this Part — procedural and definitional
s.001 Citation
s.002 Commencement
s.003 Extent
s.004 Interpretation
Part 2

Application of the Insolvency Act 1986 to special administration

0 of 1 section shown
1 other section in this Part — procedural and definitional
s.005 Application, disapplication and modification
Part 3

General modifications

0 of 1 section shown
1 other section in this Part — procedural and definitional
s.006 General modifications to provisions about administration
Part 4

The Insolvency Act 1986 – specific modifications

6 of 47 sections shown
s.015 Announcement of special administrator’s appointment Regulated
  • Special administrator must send appointment notices within 7 daysDirector or Officer
s.018 Revision of special administrator’s proposals Regulated
  • Send substantial proposal revisions to creditors and membersDirector or Officer
s.020 Special administrator’s general powers and dealings with protected land Regulated
  • Special administrator must not dispose of protected land without consentDirector or Officer
s.021 Special administrator’s general duties Regulated
  • Special administrator must manage company affairs in line with approved proposalsDirector or Officer
s.028 Moving from special administration to dissolution Regulated
  • Special administrator must obtain consent before sending dissolution noticeDirector or Officer
s.044 Effect of approval of voluntary arrangements Regulated
Other duties (1) — Crown / regulator
  • Court must consult Ofwat and relevant authority before approving voluntary arrangementTribunal / Court
41 other sections in this Part — procedural and definitional
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.016 Statement of company’s affairs
s.017 Special administrator’s proposals
s.019 Special administrator’s power to manage
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.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.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

0 of 1 section shown
1 other section in this Part — procedural and definitional
s.054 Restrictions on voluntary winding up and insolvency proceedings
Part 6

Companies Act 2006 – specific modifications

3 of 9 sections shown
s.060 Powers of court to facilitate reconstruction or amalgamation Regulated
  • Send court order copies to Ofwat and relevant authority within 7 daysDirector or Officer
s.062 Court sanction for compromise or arrangement Regulated
  • Special administrator must notify regulators of court sanction applicationsDirector or Officer
s.063 Powers of court to facilitate reconstruction or amalgamation Regulated
Other duties (1) — Crown / regulator
  • Special administrator must deliver court order to regulators within 7 daysCrown / Minister / Government department
6 other sections in this Part — procedural and definitional
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.061 Court order for holding of meeting
Part 7

Miscellaneous

0 of 2 sections shown
2 other sections in this Part — procedural and definitional
s.064 Transitional provision
s.065 Consequential provision

Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.