1579Application of Part 3 of the Insolvency Practice Schedule (Corporations)—general rules

1579  Application of Part 3 of the Insolvency Practice Schedule (Corporations)—general rules New external administrations  (1) Part 3 of the Insolvency Practice Schedule (Corporations) applies in relation to a new external administration of a company. Ongoing external administrations  (2) Part 3 of the Insolvency Practice Schedule (Corporations) applies in relation to an ongoing external administration of a company in accordance with this Division. Subdivision C—Remuneration and other benefits received by external administrators