SCHEDULES

SCHEDULE 6Insolvency and company law

PART 5Bankruptcy

Appointment of insolvency practitioner as interim receiver

I114

1

Section 370 (power to appoint special manager) is amended as follows.

2

In subsection (1)(c) (power of court to appoint person to be special manager of property or business of debtor in whose case an interim receiver has been appointed under section 286), for “the official receiver has been appointed interim receiver” substitute “ an interim receiver has been appointed ”.

3

In subsection (2) (who may apply for the appointment of a special manager), for “official receiver” (in both places where it occurs) substitute “ interim receiver ”.