There are a number of special administration regimes in the UK which amend the general administration process set out in the Insolvency Act 1986 (IA 1986). These are found in industries where companies carry out a statutory function of a public nature, for example, water or energy, or where there is a wider public interest in having a bespoke administration regime, for example, financial institutions or social housing. The form of these regimes generally follows that set out in IA 1986, but the nature of the industry means that it is appropriate for the administrator to have modified objectives and corresponding powers to achieve those objectives.
For a summary table of the special administration regimes that exist in England and Wales, see Practice Note: Special administration regimes—quick guide.
The government introduced a special administration regime (SAR) for energy supply companies in the Energy Act 2011 (EnA 2011) (adopting and varying certain provisions of the Energy Act 2004 (EA 2004)). The SAR was introduced as part of a series of measures in the 2011 Act to improve energy security
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