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PART 3E+WADMINISTRATION

CHAPTER 3E+WAppointment of administrator by holder of floating charge

Appointment by floating charge holder after administration application madeE+W

3.19.—(1) This rule applies where the holder of a qualifying floating charge, after receiving notice that an administration application has been made, appoints an administrator under paragraph 14 of Schedule B1.

(2) The holder must as soon as reasonably practicable deliver a copy of the notice of appointment to—

(a)the person making the administration application; and

(b)the court in which the application has been made.