250M. Qualification and conduct of liquidator

Terms defined in this Act

• company

  company

  Defined · s 2

  “company” has the meaning given by section 4(1) of the Companies Act 1967;

  Open s 2
• licensed insolvency practitioner

  licensed insolvency practitioner

  Defined · s 2

  “licensed insolvency practitioner” and “licensee” mean the holder of a licence granted under section 51;

  Open s 2
• liquidator

  liquidator

  Defined · s 2

  “liquidator” includes the Official Receiver when acting as the liquidator of a corporation;

  Open s 2
• Minister

  Minister

  Defined · s 2

  “Minister” means —(a)except as provided in paragraph (b), the Minister charged with the responsibility for administration of affairs of insolvent persons and insolvent companies; and(b)for the purposes of sections 124(1)(g) and (2)(c), 125(5), 127(3) and 198, the Minister charged with the responsibility for registration of companies;

  Open s 2
• Official Receiver

  Official Receiver

  Defined · s 2

  “Official Receiver” means the Official Receiver appointed under section 17(1) and includes a Deputy Official Receiver, a Senior Assistant Official Receiver and an Assistant Official Receiver;

  Open s 2
• public accountant

  public accountant

  Defined · s 2

  “public accountant” means a person who is registered or deemed to be registered in accordance with the Accountants Act 2004 as a public accountant;

  Open s 2
• regulations

  regulations

  Defined · s 2

  “regulations” means regulations made under section 449;

  Open s 2
• simplified winding up programme

  simplified winding up programme

  Defined · s 250A

  “simplified winding up programme” means the programme established under section 250C.

  Open s 250A