C1C2C3PART VIIMISCELLANEOUS PROVISIONS APPLYING TO COMPANIES WHICH ARE INSOLVENT OR IN LIQUIDATION

Annotations:

Office‐holders

Holders of office to be qualified insolvency practitioners194

1

F1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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

Paragraphs (3) and (4) are without prejudice to any statutory provision under which the official receiver is to be, or may be, liquidator or provisional liquidator.