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Changes over time for: Paragraph 89


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Version Superseded: 05/07/2018
Status:
Point in time view as at 15/09/2003. This version of this provision has been superseded.

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Changes to legislation:
Insolvency Act 1986, Paragraph 89 is up to date with all changes known to be in force on or before 16 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.

Changes to Legislation
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Administrator ceasing to be qualifiedE+W+S
[89(1)The administrator of a company shall vacate office if he ceases to be qualified to act as an insolvency practitioner in relation to the company.
(2)Where an administrator vacates office by virtue of sub-paragraph (1) he shall give notice in writing—
(a)in the case of an administrator appointed by administration order, to the court,
(b)in the case of an administrator appointed under paragraph 14, to the [holder of the floating charge by virtue of which the appointment was made],
(c)in the case of an administrator appointed under paragraph 22(1), to the company, or
(d)in the case of an administrator appointed under paragraph 22(2), to the directors of the company.
(3)An administrator who fails without reasonable excuse to comply with sub-paragraph (2) commits an offence.]
Textual Amendments
Modifications etc. (not altering text)
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