230 Holders of office to be qualified insolvency practitioners.E+W+S
(1)Where an administration order is made in relation to a company, the administrator must be a person who is qualifed to act as an insolvency practitioner in relation to the company.
(2)Where an administrative receiver of a company is appointed, he must be a person who is so qualified.
(3)Where a company goes into liquidation, the liquidator must be a person who is so qualified.
(4)Where a provisional liquidator is appointed, he must be a person who is so qualified.
(5)Subsections (3) and (4) are without prejudice to any enactment under which the official receiver is to be, or may be, liquidator or provisional liquidator.
Modifications etc. (not altering text)
C1S. 230 applied (with modifications) (1.12.1994) by S.I. 1994/2421, reg. 8(3)(9), Sch. 4 Pt. II para. 26