# Insolvency Act 1986, Section 30: Disqualification of body corporate from acting as receiver.


A body corporate is not qualified for appointment as receiver of the property of a company, and any body corporate which acts as such a receiver is liable to a fine.

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Source: https://www.legislation.gov.uk/ukpga/1986/45/section/30 (the official version)
Page: https://openlegislation.uk/insolvency-act-1986/section-30
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.