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12.36.—(1) This rule applies where an office-holder (‘the outgoing office-holder’)—
(a)dies;
(b)retires from practice; or
(c)is otherwise unable or unwilling to continue in office;
and it is expedient to transfer some or all of the cases in which the outgoing office-holder holds office to one or more office-holders (‘the replacement office-holder’) in a single transaction.
(2) In a case to which this rule applies the court has the power to make an order (‘a block transfer order’) appointing a replacement office-holder in the place of the outgoing office-holder to be—
(a)liquidator in any winding up (including a case where the official receiver is the liquidator by virtue of section 136)(1);
(b)administrator in any administration;
(c)trustee in a bankruptcy (including a case where the official receiver is the trustee by virtue of section 300(2)); or
(d)supervisor of a CVA or an IVA.
(3) The replacement office-holder must be—
(a)qualified to act as an insolvency practitioner in relation to the company or bankrupt; or
(b)where the replacement office-holder is to be appointed supervisor of an IVA—
(i)qualified to act as an insolvency practitioner in relation to the debtor, or
(ii)a person authorised so to act.
Section 136(4), (5)(a) and (c) and (6) are amended by paragraph 31 of Schedule 9 to the Small Business, Enterprise and Employment Act 2015 (c.26).
Section 300(4) and (8)_ is amended, (3) is substituted and (3A) is inserted by paragraph 79 of Schedule 9 to the Small Business, Enterprise and Employment Act 2015 (c.26).
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