# Insolvency Act 1986, Paragraph 16


An administrator may not be appointed under paragraph 14 while a floating charge on which the appointment relies is not enforceable.

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Source: https://www.legislation.gov.uk/ukpga/1986/45/schedule/B1/paragraph/16 (the official version)
Page: https://openlegislation.uk/insolvency-act-1986/schedule-B1/paragraph-16
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.