[72DA Exception in respect of urban regeneration projects]
Insolvency Act 1986 (1986 c 45) | Legislation

[72DA  Exception in respect of urban regeneration projects]

[(1)     Section 72A does not prevent the appointment of an administrative receiver of a project company of a project which—

(a)     is designed wholly or mainly to develop land which at the commencement of the project is wholly or partly in a designated disadvantaged area outside Northern Ireland, and

(b)     includes step-in rights.

(2)

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