(1) Without prejudice to any specific powers conferred on an administrator by these Regulations, an administrator may do anything necessary or expedient for the pursuit of the special administration objectives.

(2) The administrator is an officer of the court.

(3) The following provisions of this regulation provide for -

(a) general powers and duties of administrators (by application of provisions about administrators in Schedule B1 administration); and

(b) the general process and effect of special administration (by application of provisions about Schedule B1 administration).

(4) The provisions of Schedule B1 and other provisions of the Insolvency Act set out in the Tables apply in relation to special administration as in relation to other insolvency proceedings with the modifications set out -

(a) in paragraph (5) (in respect of the provisions listed in Table 1);

(b) in paragraph (6) (in respect of the provisions listed in Table 2),

and any other modification specified in the Tables.