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SCHEDULES

SCHEDULE 14U.K. PPP administration orders

Modifications etc. (not altering text)

Part IU.K. Modifications of the 1986 Act

General powers of special PPP administratorE+W+S

4E+W+SIn section 14 of the 1986 Act (general powers of administrator), as applied by this Part of this Schedule,—

(a)in subsection (1)(b), the reference to the powers specified in Schedule 1 to that Act shall be taken to include a reference to a power to act on behalf of the company for the purposes of Chapter VII of Part IV of this Act or any provision of a local or private Act which confers any power, or imposes any duty or obligation, on the company; and

(b)in subsection (4), the reference to a power conferred by the company’s [F1articles of association]

(i)shall be taken to include a reference to any power conferred by any provision of a local or private Act which confers any power, or imposes any duty or obligation, on the company; and

(ii)in the case of a company which is an unregistered company, shall be taken also to include a reference to any power conferred by the company’s constitution.

Textual Amendments

Commencement Information

I1Sch. 14 para. 4 in force at 15.7.2003 by S.I. 2003/1920, art. 2(b)