PART XXWINDING UP OF COMPANIES REGISTERED UNDER THIS ORDER OR THE FORMER COMPANIES ACTS
CHAPTER VIPROVISIONS AS TO DISSOLUTION
Property of dissolved company to be a bona vacantia605 F2
F3F41
When a company is dissolved, all property and rights whatsoever vested in or held on trust for the company immediately before its dissolution (including leasehold property, but not including property held by the company on trust for any other person) are deemed to be bona vacantia and—
a
accordingly belong to the Crown, and
b
vest and may be dealt with in the same manner as other bona vacantia accruing to the Crown.
2
Except as provided by Article 606, the foregoing provisions of this Article have effect subject and without prejudice to any order made by the court under Article 602 or 604.