Clause 457

by deleting the definition of “approved liquidator” in section 2;

by inserting, immediately after the definition of “liabilities” in section 2, the following definition:“ “licensed insolvency practitioner” has the meaning given by section 2(1) of the Insolvency, Restructuring and Dissolution Act 2018;”;

by deleting the definition of “Official Receiver” in section 2 and substituting the following definition:“ “Official Receiver” has the meaning given by section 2(1) of the Insolvency, Restructuring and Dissolution Act 2018;”; and

by deleting the words “an approved liquidator” in section 48(1) and substituting the words “a licensed insolvency practitioner”.