Commentary on provisions of the Act Section 16: Winding up petitions
Section 16 amends section 25 of the 1991 Act to provide that on an application for the winding up of an undertaker, a court may not exercise its powers unless the Secretary of State or the Welsh Minsters (as the case may be, see new subsection (4)) and Ofwat have been given notice of the petition and at least 14 days have passed - new subsection (2).
	Subsection (3) is inserted into section 25 of the 1991 Act to require that the Secretary of State or the Welsh Ministers (as the case may be) and Ofwat (‘relevant persons’) are entitled to be heard at the hearing of a winding up petition and any other hearings in relation to Part IV (‘Winding up of companies registered under the Companies Acts’) of the Insolvency Act 1986.