Regulation 47
Duties of liquidator on resignation, etc.
of Variable Capital Companies (Voluntary Winding Up) Regulations 2026
Subsidiary LegislationIn forceProvision 47 of 55
Regulation 47
A person (A) who resigns as liquidator of a VCC or sub‑fund or is removed from the office of liquidator must, within 14 days after the date on which another person (B) is appointed to fill the vacancy, deliver to B all the books kept by A and all other books, documents, papers and accounts in A’s possession relating to the office of liquidator.