Regulation 10 Restrictions following application for dissolution

In any case where an application for dissolution has been made, the CIO must not—

(a)

engage in any activity except one which is necessary or expedient for the purposes of—

(i)

proceeding with the application;

(ii)

giving effect to any decision made under the constitutional directions; or

(iii)

complying with any statutory requirement; or

(b)

otherwise incur any debts or other liabilities.