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Contents

Part 3 · Official Assignee, Official Receiver and Insolvency Practitioners

35. Liability of Official Receiver, etc.

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Amended

Last amended by an amending law of 2020.

(1)

All sums required to discharge any liability that the Official Receiver may be personally liable to discharge are to be charged on the Consolidated Fund.

(2)

Neither the Official Receiver nor any officer of the Official Receiver is to be personally liable for any act that the Official Receiver or officer (as the case may be) did not contribute to in any way or could not by the exercise of reasonable diligence have averted.

(3)

No liability is to lie personally against the Official Receiver, or any officer of the Official Receiver acting under the direction of the Official Receiver, who, acting in good faith and with reasonable care, does or omits to do anything in the course of or in connection with —

(a)

the exercise or purported exercise of any power; or

(b)

the performance or purported performance of any function or duty,under section 71, 72E, 72F, 72G, 72M, 72Q, 134(b), 137, 188, 189, 192, 197, 199, 212, 213, 214, 241, 250D, 250F, 250G, 250O or 250P, or under section 197 or 199 (as modified by section 250L), or under section 149, 210, 215, 215K or 390 of the Companies Act 1967.

(4)

Any liability that but for subsection (3) would lie against the Official Receiver, or any officer of the Official Receiver, is to lie instead against the Government.

Report

Part 4

Corporate Insolvency, Restructuring and Dissolution — Preliminary

Part 5

Scheme of Arrangement

Part 5A

Simplified Restructuring of Debts

Part 6

Corporate Insolvency — Receivership

Part 7

Judicial Management

Part 8

Winding Up

Part 9

Provisions Applicable in Judicial Management and Winding Up

Part 10

Winding Up of Unregistered Companies and Liquidation or Dissolution of Foreign Companies

Part 10A

Simplified Winding Up

Part 11

Cross-Border Insolvency

Part 12

General Provisions Applicable to Parts 4 to 11

Part 13

Bankruptcy — Preliminary

Part 14

Voluntary Arrangements

Part 15

Debt Repayment Scheme

Part 16

Proceedings in Bankruptcy

Part 17

Administration in Bankruptcy

Part 18

Annulment and Discharge

Part 19

Duties, Disqualification and Disabilities of Bankrupt

Part 20

Bankruptcy Offences

Part 21

Bankruptcy Miscellaneous Provisions

Part 22

Provisions Against Debt Avoidance and Limitation on Certain Contractual Rights

Part 23

Miscellaneous and General Provisions

Part 24

Consequential and Related Amendments to Other Acts

Part 25

Saving and Transitional Provisions

Schedules