62 Restrictions on voluntary winding up and insolvency proceedings in the case of protected railway companies
Railways Act 1993 (1993 c 43) | Legislation

62  Restrictions on voluntary winding up and insolvency proceedings in the case of protected railway companies

(1)     No resolution for voluntary winding up shall be passed by a protected railway company without leave of the court granted on an application made for the purpose by the company.

(2)     No such leave shall be granted unless—

(a)     notice of the application has been served on—

(i)     the [appropriate national authority]; and

(ii)     . . .

(b)     a period of at least fourteen days has elapsed since the service of that notice.

(3)     Where an application for leave under subsection (1) above has been made by a protected railway company—

(a)     the [appropriate national authority], . . .

(b)

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