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Paragraph 3

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

The chairing—

(a)

by virtue of rule 4.55 of the first meeting of creditors (as defined by rule 4.50(7)) or the first meeting of contributories (as defined by rule 4.50(7)) in winding up by the court; or

(b)

by virtue of rule 6.82 of the first meeting of creditors (as defined in rule 6.79(7)) in a bankruptcy.