Paragraph 9 Rule 4.1

In Rule 4.1 there shall be inserted at the beginnining of the Rule the word “(1)” and there shall be inserted at the end of the Rule the following paragraph:—

“(2)

The court shall be satisfied that a person has caution for the proper performance of his functions as provisional liquidator if a statement is lodged in court or it is averred in the winding-up petition that the person to be appointed is an insolvency practitioner, duly qualified under the Act to act as liquidator, and that he consents so to act.”.