PART 7The Administrator
CHAPTER 2Replacing the administrator
Administrator’s duties on vacating office148
Where the administrator (‘A’) ceases to be in office in consequence of this Chapter, A is under obligation as soon as reasonably practicable to deliver up to the person succeeding A as administrator (‘B’) the assets (after deduction of any expenses properly incurred and distributions made by A) and further to deliver up to B—
a
the records of the administration, including correspondence, proofs and other related papers appertaining to the administration while it was within A’s responsibility; and
b
the investment bank’s books, papers and other records.