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Administration of Justice Act 1977

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This is the original version (as it was originally enacted).

7Extent of powers of receivers and managers in respect of companies

(1)A receiver appointed under the law of any part of the United Kingdom in respect of the whole or part of any property or undertaking of a company and in consequence of the company having created a charge which, as created, was a floating charge : may exercise his powers in any other part of the United Kingdom so far as their exercise is not inconsistent with the law applicable there.

(2)In subsection (1) above " receiver " includes a manager and a person who is appointed both receiver and manager.

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