Valid from 15/09/2003
94(1)Where the administrator was appointed under paragraph 22(2) the directors of the company may replace the administrator.E+W+S
(2)A replacement under this paragraph may be made only—
(a)with the consent of each person who is the holder of a qualifying floating charge in respect of the company’s property, or
(b)where consent is withheld, with the permission of the court.]