# The Insolvency Rules 1986, Rule 4.172: Committee's functions vested in Secretary of State

Extent: E+W

(NO CVL APPLICATION)
(1) At any time when the functions of the liquidation committee are vested in the Secretary of State under section 141(4) or (5), requirements of the Act or the Rules about notices to be given, or reports to be made, to the committee by the liquidator do not apply, otherwise than as enabling the committee to require a report as to any matter.
(2) Where the committee's functions are so vested under section 141(5), they may be exercised by the official receiver.

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Source: https://www.legislation.gov.uk/uksi/1986/1925/rule/4.172 (the official version)
Page: https://openlegislation.uk/insolvency-rules-1986/rule-4.172
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.