SCHEDULES
F1SCHEDULE B1ADMINISTRATION
FUNCTIONS OF ADMINISTRATOR
Distribution
66.
(1)
The administrator of a company may make a distribution to a creditor of the company.
(2)
Article 149 shall apply in relation to a distribution under this paragraph as it applies in relation to a winding up.
(3)
A payment may not be made by way of distribution under this paragraph to a creditor of the company who is neither secured nor preferential unless the High Court gives permission.
67.
The administrator of a company may make a payment otherwise than in accordance with paragraph 66 or paragraph 14 of Schedule 1 if he thinks it likely to assist achievement of the purpose of administration.