SCHEDULES

SCHEDULE 22 Financial Markets and Insolvency: Provisions Applying to Pre-commencement Cases

Supplementary provisions

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1

The following are relevant office-holders for the purposes of this Schedule—

a

the official receiver,

b

any person acting in relation to a company as its liquidator, provisional liquidator, administrator or administrative receiver,

c

any person acting in relation to an individual (or, in Scotland, a deceased debtor) as his trustee in bankruptcy or interim receiver of his property or as permanent or interim trustee in the sequestration of his estate,

d

any person acting as administrator (or, in Scotland, as judicial factor) of an insolvent estate of a deceased person.

2

Sub-paragraph (1)(c) applies in relation to a partnership, and any debtor within the meaning of the M1Bankruptcy (Scotland) Act 1985, as it applies in relation to an individual.

3

In this paragraph—

  • “administrative receiver” has the meaning given by section 251 of the Insolvency Act 1986;

  • “company” means a company within the meaning of section 735(1) of the M2Companies Act 1985 or a company which may be wound up under Part V of the M3Insolvency Act 1986.

  • “interim trustee” and “permanent trustee” have the same meaning as in the M4Bankruptcy (Scotland) Act 1985.