Part II Further Modifications of the 1986 Act: Application in Relation to Foreign Companies
Greater London Authority Act 1999 (1999 c 29) | Legislation

Part II Further Modifications of the 1986 Act: Application in Relation to Foreign Companies

Introductory

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(1)     Where a PPP administration order has been made in relation to a company which is a foreign company, sections 11 to 23 and 27 of the 1986 Act (as applied by Part I of this Schedule) shall apply in relation to that foreign company with the further modifications set out in the following provisions of this Part of this Schedule.

(2)     In this Part of this Schedule, “foreign company†means a company incorporated outside Great Britain.

Effect of order

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(1)     Section 11 of the 1986 Act (effect of administration order), as applied by this Part of this Schedule in relation to a foreign company, shall have effect as follows.

(2)     In subsection (1), paragraph (b) shall be omitted.

(3)     Subsection (2) shall be omitted.

(4)     In subsection (3)—

(a)     paragraphs (a) and (b) shall be omitted; and

(b)     in paragraph (d)—

(i)     the reference to the commencement or continuation of proceedings shall be taken as a reference to the commencement or continuation of proceedings in Great Britain; and

(ii)     the reference to the levying of distress against

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