1. or Article 41 of the 1989 Order (receiver and manager: disqualification) substitute—
41.—(1) A person shall be guilty of an offence if he acts as receiver or manager of the property of a company on behalf of debenture holders while—
(a)he is an undischarged bankrupt, or
(b)a bankruptcy restrictions order is in force in respect of him.
(2) This Article does not apply to a receiver or manager acting under an appointment made by the High Court.”.