Article 2.18 Deceased receiver: notice

(1)

If the receiver dies a notice of the fact and date of death must be delivered as soon as reasonably practicable to—

(a)

the holder of the floating charge by virtue of which the receiver is appointed;

(b)

the holder of any other floating charge and any receiver appointed by that holder;

(c)

any other receiver appointed by the court (unless delivery is by a surviving joint receiver);

(d)

the registrar of companies;

(e)

AiB;

(f)

the company (and if it is then subject to other insolvency proceedings under Parts 1 to 5 of the Act, the office-holder in relation to those insolvency proceedings); and

(g)

the members of the creditors' committee.

(2)

The notice must be delivered by one of the following:—

(a)

a surviving joint receiver;

(b)

a member of the deceased receiver's firm (if the deceased was a member or employee of a firm);

(c)

an officer of the deceased receiver's company (if the deceased was an officer or employee of a company); or

(d)

an executor of the deceased receiver.

(3)

If such a notice has not been delivered within 21 days following the receiver's death then any other person may deliver the notice.