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[Note: in relation to release of the liquidator following death see section 174(4)(a)(ii)(1).]
5.30.—(1) If the liquidator dies a notice of the fact and date of death must be delivered as soon as reasonably practicable to—
(a)the court; and
(b)AiB.
(2) The notice must be delivered by one of the following:—
(a)a surviving joint liquidator;
(b)a member of the deceased liquidator’s firm (if the deceased was a member or employee of a firm);
(c)an officer of the deceased liquidator’s company (if the deceased was an officer or employee of a company);
(d)an executor of the deceased liquidator.
(3) If such notice has not been delivered within the 21 days following the liquidator’s death then any other person may deliver the notice.
Section 174 is prospectively amended by paragraph 45 of schedule 9 of the 2015 Act.
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