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Changes over time for: Section 12
Timeline of Changes
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Status:
Point in time view as at 26/06/2020.
Changes to legislation:
There are currently no known outstanding effects for the The Insolvency (England and Wales) Rules 2016, Section 12.
Changes to Legislation
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Power to make a block transfer orderE+W
This section has no associated Explanatory Memorandum
12.36.—(1) This rule applies where an office-holder (‘the outgoing office-holder’)—
(a)dies;
(b)retires from practice; or
(c)is otherwise unable or unwilling to continue in office;
and it is expedient to transfer some or all of the cases in which the outgoing office-holder holds office to one or more office-holders (‘the replacement office-holder’) in a single transaction.
(2) In a case to which this rule applies the court has the power to make an order (‘a block transfer order’) appointing a replacement office-holder in the place of the outgoing office-holder to be—
(a)liquidator in any winding up (including a case where the official receiver is the liquidator by virtue of section 136) ;
(b)administrator in any administration;
(c)trustee in a bankruptcy (including a case where the official receiver is the trustee by virtue of section 300 ); or
(d)supervisor of a CVA or an IVA.
(3) The replacement office-holder must be—
(a)qualified to act as an insolvency practitioner in relation to the company or bankrupt; or
(b)where the replacement office-holder is to be appointed supervisor of an IVA—
(i)qualified to act as an insolvency practitioner in relation to the debtor, or
(ii)a person authorised so to act.
Modifications etc. (not altering text)
Marginal Citations
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