# Insolvency Act 1986, Paragraph 59: General powers

Extent: E+W+S

(1) The administrator of a company may do anything necessary or expedient for the management of the affairs, business and property of the company.
(2) A provision of this Schedule which expressly permits the administrator to do a specified thing is without prejudice to the generality of sub-paragraph (1).
(3) A person who deals with the administrator of a company in good faith and for value need not inquire whether the administrator is acting within his powers.

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Source: https://www.legislation.gov.uk/ukpga/1986/45/schedule/B1/paragraph/59 (the official version)
Page: https://openlegislation.uk/insolvency-act-1986/schedule-B1/paragraph-59
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.