41Appointment of administrator

41 Appointment of administrator S. 41(1) amended by No. 62/2001 s. 77(c)(ii). (1) This section applies if the Commission considers that— (a) a contravention by a licensee of the licence conditions threatens the security of the gas supply; and (b) any other remedies to enforce compliance are not adequate. S. 41(2) amended by No. 62/2001 s. 77(c)(i). (2) The Commission may appoint an administrator to the business in respect of which the licence is issued. (3) The administrator has such functions and powers in relation to the business in respect of which the licence is issued as are specified in the appointment of the administrator. S. 41(4) amended by No. 62/2001 s. 77(c)(ii). (4) Unless sooner revoked by the Commission, the appointment of an administrator has effect for a period of 28 days but the appointment may be renewed for a further period or periods, each period not exceeding 28 days. S. 41(5) amended by Nos 62/2001 s. 77(c)(ii), 75/2004 s. 43. (5) The terms and conditions (including remuneration) of appointment of the administrator are to be decided by the Commission. S. 41A inserted by No. 51/2012 s. 6.