Section 47(5)

The administrative receiver, if he thinks fit, may— and where the administrative receiver has refused to exercise a power conferred by this subsection, the court, if it thinks fit, may exercise it. at any time release a person from an obligation imposed on him under subsection (1) or (2), or either when giving notice under subsection (4) or subsequently, extend the period so mentioned;

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