17 Further protection of essential supplies: Northern Ireland
Corporate Insolvency and Governance Act 2020 (2020 c 12) | Legislation

17  Further protection of essential supplies: Northern Ireland

(1)     After Article 197 of the Insolvency (Northern Ireland) Order 1989 insert—

“197A Further protection of essential supplies

(1)     An insolvency-related term of a contract for the supply of essential goods or services to a company ceases to have effect if—

(a)     the company enters administration, or

(b)     a voluntary arrangement approved under Part 2 takes effect in relation to the company.

(2)     An insolvency-related term of a contract does not cease to have effect by virtue of paragraph (1) to the extent that—

(a)     it provides for the contract or the supply to terminate, or any other thing to take place, because the company becomes subject to an insolvency procedure other than administration or a voluntary arrangement;

(b)     it entitles a supplier to terminate the contract or the supply, or do any other thing, because the company becomes subject to an insolvency procedure other than administration or a voluntary arrangement; or

(c)     it entitles a supplier to terminate the contract or the supply because

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