PART 4RECEIVERSHIP

CHAPTER 2Administrative receivers (other than in Scottish receiverships)

Deceased administrative receiver4

1

If the administrative receiver dies a notice of the fact and date of death must be delivered as soon as reasonably practicable to—

a

the person by whom the appointment was made;

b

the registrar of companies;

c

the company or, if it is in liquidation, the liquidator; and

d

the members of the creditors' committee.

2

The notice must be delivered by one of the following—

a

a surviving joint administrative receiver;

b

a member of the deceased administrative receiver's firm (if the deceased was a member or employee of a firm);

c

an officer of the deceased administrative receiver's company (if the deceased was an officer or employee of a company); or

d

a personal representative of the deceased administrative receiver.

3

If such a notice has not been delivered within 21 days following the administrative receiver's death then any other person may deliver the notice.