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Rule 18.27 Second exception: administrator who had applied for increase etc. under rule 18.24 becomes liquidator

(1)

This exception applies in a liquidation where—

(a)

an administrator has become the liquidator;

(b)

the remuneration had been determined by the committee in the preceding administration;

(c)

the basis of the liquidator's remuneration is treated under rule 18.20(4) and (5) as being that which was fixed in the administration; and

(d)

the administrator had subsequently requested an increase under rule 18.24.

(2)

A request by the liquidator for an increase in the rate or amount of remuneration or a change in the basis may only be made by application to the court.

(3)

Rule 18.28(6) to (8) apply to such an application.