Section 72D

Section 72A does not prevent the appointment of an administrative receiver of a project company of a project which— is a utility project, and includes step-in rights. In this section— “utility project” means a project designed wholly or mainly for the purpose of a regulated business, “regulated business” means a business of a kind listed in paragraph 10 of Schedule 2A, “step-in rights” has the meaning given by paragraph 6 of that Schedule, and “project company” has the meaning given by paragraph 7 of that Schedule.

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Source: legislation.gov.uk · retrieved 2026-09-04