Part 1: Licensing of Carbon Dioxide Transport and Storage Chapter 4: Special Administration Regime Section 48: Power to make further modifications of insolvency legislation
Section 48 provides the Secretary of State with the power to apply certain specified insolvency legislation, including with any necessary modifications, to enable the Secretary of State to amend the detail of the regime if experience of its application highlights any difficulties or areas of concern as well as to respond to changes in insolvency law, especially in relation to administration.