120 Exercise of powers by liquidator: removal of need for sanction

Removing Requirements to Seek Sanction

120  Exercise of powers by liquidator: removal of need for sanction

(1)     The Insolvency Act 1986 is amended as follows.

(2)     In section 165 (voluntary winding up: powers of liquidator), for subsections (2) and (3) substitute—

“(2)     The liquidator

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