UK Statutory Instrument
2024
United Kingdom
The Water Industry (Special Administration) Regulations 2024
At a glance
Enforced by
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.
Browse 65 other sections — procedural / definitional / commencement
Commencement
Extent
Interpretation
Application, disapplication and modification
General modifications to provisions about administration
Introduction
Special administrator
Status of special administrator
Powers of the court
Dismissal of pending winding-up application
Moratorium on insolvency proceedings
Moratorium on other legal process
Interim moratorium
Announcement of special administrator’s appointment
Statement of company’s affairs
Special administrator’s proposals
Revision of special administrator’s proposals
Special administrator’s power to manage
Special administrator’s general powers and dealings with protected land
Special administrator’s general duties
Charged property: non-floating charge
Hire-purchase property
Protection for priority creditor
Challenge to special administrator’s conduct of company
Court order ending special administration
Moving from special administration to creditors’ voluntary liquidation
Moving from special administration to dissolution
Resignation of special administrator
Special administrator ceasing to be qualified
Supplying vacancy in office of special administrator
Application to replace special administrator
Replacement of special administrator
Vacation of office: discharge from liability
Vacation of office: charges and liabilities
References to joint special administrators
Appointment of joint and concurrent special administrators
Penalties
Extension of time limits
Interpretation
Introduction
Moratorium coming to an end
Approval of voluntary arrangements
Effect of approval of voluntary arrangements
Challenge of decisions
Floating charge holder not to appoint administrative receiver
Avoidance of certain floating charges
Expressions used generally
Power to make rules
Insolvency rules committee
Co-operation between courts exercising jurisdiction in relation to insolvency
Powers of special administrator
Punishment of offences
Restrictions on voluntary winding up and insolvency proceedings
Application of this Part
Modifications to Parts 26 and 26A of the Companies Act 2006
Interpretation of Parts 26 and 26A
Court order for holding meeting of creditors or members
Court sanction for compromise or arrangement
Powers of court to facilitate reconstruction or amalgamation
Court order for holding of meeting
Court sanction for compromise or arrangement
Powers of court to facilitate reconstruction or amalgamation
Transitional provision
Consequential provision
Enforcement and responsible bodies
The regulators that administer or enforce this legislation.
The Pensions Regulator
Regulates workplace pensions, defined benefit schemes, and master trusts. All employers must auto-enrol eligible workers into a workplace pension. Enforces employer duties …
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