1

Where a postal administration order takes effect in respect of a company—

a

a person appointed to perform functions equivalent to those of an administrative receiver, and

b

if the postal administrator so requires, a person appointed to perform functions equivalent to those of a receiver,

must refrain, during the period specified in sub-paragraph (1A), from performing those functions in the United Kingdom or in relation to any of the company's property in the United Kingdom.

1A

That period is—

a

in the case of a person mentioned in sub-paragraph (1)(a), the period while the company is in postal administration, and

b

in the case of a person mentioned in sub-paragraph (1)(b), during so much of that period as is after the date on which the person is required by the postal administrator to refrain from performing functions.