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Section 223: Administrator’s powers

Insolvency Act · PART III: WINDING UP AND ALTERNATIVES

consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

223. Administrator’s powers (1) An administrator has the power to carry out the functions and duties of an administrator under this Act. (2) An administrator’s powers include the power to— (a) begin, continue, discontinue and defend legal proceedings; (b) carry on, to the extent necessary for the administration, the business of the company; and (c) appoint an agent to do anything that the administrator is unable to do. (3) An administrator, when performing a function or exercising a power in that capacity, is the company’s agent.

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