Schedule 11, Part I, paragraph 6(3)

Where immediately before the appointed day the liquidator of the company has not made an application under section 545 of the Companies Act 1985 (release of liquidators), then— except where the Secretary of State otherwise directs, sections 146(1) and (2) and 172(8) of this Act apply, and section 545 does not apply, in relation to any liquidator of that company who holds office on or at any time after the appointed day and is not the official receiver; section 146(3) applies in relation to the carrying out at any time after that day by any liquidator of the company of any of his functions; and a liquidator in relation to whom section 172(8) has effect by virtue of this paragraph has his release with effect from the time specified in section 174(4)(d) of this Act.

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Source: legislation.gov.uk · retrieved 2026-09-04