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7. Effect of Cell Liquidation Order

(1) When an application has been made for, and during the period of operation of, a Cell Liquidation Order —
(a) no proceedings may be instituted or continued by, or against, the Protected Cell Company in relation to the cell in respect of which the Cell Liquidation Order was made, or against the business or cellular assets attributable to that cell; and
(b) no steps may be taken to enforce any security or in the execution of legal process in respect of the business or cellular assets attributable to the cell in respect of which the Cell Liquidation Order was made,
except with the consent of the Cell Liquidator or with leave of the Court.
(2) During the period of operation of a Cell Liquidation Order, the Directors shall not exercise any powers or functions in respect of the business or the cellular assets attributable to the cell in respect of which the Cell Liquidation Order was made, without the consent of the Cell Liquidator.