Section 167(2)

Where the liquidator (not being the official receiver), in exercise of the powers conferred on him by this Act— disposes of any property of the company to a person who is connected with the company (within the meaning of section 249 in Part VII) or employs a solicitor to assist him in the carrying out of his functions, he shall, if there is for the time being a liquidation committee, give notice to the committee of that exercise of his powers.

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