[(1) This section applies where a company or partnership is—
(a) in administration within the meaning of Schedule B1 to the 1986 Act, or
[(b) in administration within the meaning of Schedule B1 to the 1989 Order].
[(2) If the administrator thinks that the company or partnership is carrying on, or has carried on—
(a) a regulated activity in contravention of the general prohibition, or
(b) a credit-related regulated activity in contravention of section 20,
the administrator must report the matter to the appropriate regulator without delay.]
[(2A) “The appropriate regulator” means—
(a) where the
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