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PART 6Distribution of Assets

New postal administrator appointed

54.—(1) If a new postal administrator is appointed in place of another, the former postal administrator must as soon as reasonably practicable transmit to the new postal administrator all the creditors’ claims which the former postal administrator has received, together with an itemised list of them.

(2) The new postal administrator must authenticate the list by way of receipt for the creditors’ claims, and return it to the former postal administrator.

(3) From then on, all creditors’ claims must be sent to and retained by the new postal administrator.