Section 174(2)

Where the official receiver has ceased to be liquidator and a person becomes liquidator in his stead, the official receiver has his release with effect from the following time, that is to say— in a case where that person was nominated by the company's creditors or contributories, or was appointed by the Secretary of State, the time at which the official receiver gives notice to the court that he has been replaced; in a case where that person is appointed by the court, such time as the court may determine.

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