Regulation 44
Expenses of sales
of Insolvency, Restructuring and Dissolution (Voluntary Winding Up) Regulations 2020
Subsidiary LegislationIn forceProvision 44 of 54
Regulation 44
Where the liquidator sells any property forming part of a company’s assets through an auctioneer or other agent, the gross proceeds of the sale must be paid over by the auctioneer or agent to the liquidator, and the charges and expenses connected with the sale must afterwards be paid to the auctioneer or agent.