Section 277: Non-use notice

277. Non-use notice (1) An administrator is not liable under section 276 for any period for which a non-use notice is in force which— (a) is given by the administrator to the owner or the lessor of the property within 7 days after the administration begins; (b) specifies the property to which it relates; and (c) states that the company does not propose to use the property or otherwise exercise any rights in relation to it. (2) A notice under subsection (1) ceases to have effect where— (a) the administrator revokes it by written notice to the owner or lessor; or (b) the company exercises, or purports to exercise, a right in relation to the property. (3) For the purposes of subsection (2) (b), the company does not exercise, or purport to exercise, a right in relation to the property merely because the company continues to occupy, or to be in possession of, the property, unless the company— (a) also uses the property; or (b) asserts a right, as against the owner or the lessor, to continue to occupy or be in possession. (4) A notice under this section shall not affect the company’s liability for rent and other payments. (5) The Court may exempt an administrator from liability for rent and other payments under this section, but the Court’s order does not affect the company’s liability. I14 – 155 [Issue 3] Insolvency Act