F1F2F3PART IIIN.I.ADMINISTRATION ORDERS

AdministratorsN.I.

Appointment of administratorN.I.

26.—(1) The administrator of a company shall be appointed either by the administration order or by an order under paragraph (2).

(2) If a vacancy occurs by death, resignation or otherwise in the office of the administrator, the High Court may by order fill the vacancy.

(3) An application for an order under paragraph (2) may be made—

(a)by any continuing administrator of the company; or

(b)where there is no such administrator, by a creditors' committee established under Article 38; or

(c )F4where there is no such administrator and no such committee, by the company or the directors or by any creditor or creditors of the company.

F4mod. by SR 2004/307