[(1) Section 72A does not prevent the appointment of an administrative receiver of a project company of a project which—
(a) is a financed project, and
(b) includes step-in rights.
(2) In this section—
(a) a project is “financed” if under an agreement relating to the project a project company incurs, or when the agreement is entered into is expected to incur, a debt of at least £50 million for the purposes of carrying out the project,
(b) “project company” has the meaning given by paragraph 7 of Schedule 2A, and
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