[72A Floating charge holder not to appoint administrative receiver]
Insolvency Act 1986 (1986 c 45) | Legislation

[Chapter IV
Prohibition of Appointment of Administrative Receiver]

[72A  Floating charge holder not to appoint administrative receiver]

[(1)     The holder of a qualifying floating charge in respect of a company's property may not appoint an administrative receiver of the company.

(2)     In Scotland, the holder of a qualifying floating charge in respect

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