(1) The following provisions of this section have effect, subject to section 140 below, on a winding-up order being made by the court in England and Wales.
(2) The official receiver, by virtue of his office, becomes the liquidator of the company and continues in office until another person becomes liquidator under the provisions of this Part.
(3) The official receiver is, by virtue of his office, the liquidator during any vacancy.
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