Section 148Part 5 — Company Restructuring and Winding UpAmended
Supply of utilities
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Amended by LG72/S3
If a request is made by or with the concurrence of the liquidator (including a provisional liquidator) or a restructuring officer for the giving, after the effective date, of any of the supplies mentioned in sub section
, the supplier —
may make it a condition of the giving of the supply that the liquidator (including a provisional liquidator) or restructuring officer personally guarantees the payment of any charges in respect of the supply; but
shall n ot make it a condition of the giving of the supply, or do anything which has the effect of making it a condition of the giving of the supply, that any outstanding charges in respect of a supply given to the company before the effective date are paid. ( 2 ) T he supplies referred to in subsection (1) are — ( a ) a supply of electricity; ( b ) a supply of water; and
a supply of telecommunication services.
In this section — “ effective date ” means —
the date on which the provisio nal liquidator was appointe d;
the date on whic h the winding up order was made; or
the date on which the restructuring officer was appointed.