1. Administration

(1) For the purposes of these Regulations, "administrator" of a Company means a person appointed under this Part 1 (Administration) to manage the Company's affairs, business and property and "administrator" of a Deed of Company Arrangement means a person appointed under this Part 1 (Administration) to act as the administrator of a Deed of Company Arrangement.
(2) For the purposes of this Part 1 (Administration) —
(a) a Company is "in administration" while the appointment of an administrator of the Company has effect;
(b) a Company "enters administration" when the appointment of an administrator of the Company takes effect;
(c) a Company ceases to be in administration when the appointment of an administrator of the Company ceases to have effect in accordance with this Part 1 (Administration); and
(d) a Company does not cease to be in administration merely because an administrator of the Company vacates office (by reason of resignation, death or otherwise) or is removed from office.
(3) A person may be appointed as administrator of a Company —
(a) by administration order of the Court under Section 6 (Administration order);
(b) by the holder of a qualifying charge under Section 21 (Power to appoint); or
(c) by the Company or its Directors under Section 29 (Power to appoint).