230 Holders of office to be qualified insolvency practitioners

Part VI Miscellaneous Provisions Applying to Companies which are Insolvent or in Liquidation

Office-holders

230  Holders of office to be qualified insolvency practitioners

(1)     . . .

(2)     Where an administrative receiver of a company is appointed, he must be a person who is so qualified.

(3)     Where a company goes into liquidation, the liquidator must be a person who is so qualified.

(4)     Where a provisional liquidator is appointed, he must be a person who is so qualified.

(5)     Subsections (3) and (4) are without prejudice to any enactment under which the official receiver is to be, or may be, liquidator or provisional liquidator.

Popular documents