The First Group of PartsCompany Insolvency ; Companies Winding Up
PART VIMiscellaneous Provisions Applying to Companies Which are Insolvent or in Liquidation
Office-holders
230Holders of office to be qualified insolvency practitioners
(1)
Where an administration order is made in relation to a company, the administrator must be a person who is qualified to act as an insolvency practitioner hi relation to the company.
(2)
Where an administrative receiver of a company is appointed, he must be a person who is so qualified.
(3)
Where a company goes into liquidation, the liquidator must be a person who is so qualified.
(4)
Where a provisional liquidator is appointed, he must be a person who is so qualified.
(5)
Subsections (3) and (4) are without prejudice to any enactment under which the official receiver is to be, or may be, liquidator or provisional liquidator.