# The Insolvent Partnerships Order 1994, Paragraph 28


Paragraph 84 is modified so as to read as follows—
“84. (1) If the administrator of a partnership thinks that the partnership has no property which might permit a distribution to its creditors, he shall file a notice to that effect with the court.
(2) The court may on the application of the administrator of a partnership disapply sub-paragraph (1) in respect of the partnership.
(3) On the filing of a notice in respect of a partnership under sub-paragraph (1) the appointment of an administrator of the partnership shall cease to have effect.
(4) If an administrator files a notice under sub-paragraph (1) he shall as soon as is reasonably practicable send a copy of the notice to each creditor of whose claim and address he is aware.
(5) At the end of the period of three months beginning with the date of filing of a notice in respect of a partnership under sub-paragraph (1) the partnership is deemed to be dissolved.
(6) On an application in respect of a partnership by the administrator or another interested person the court may—
(a) extend the period specified in sub-paragraph (5);
(b) suspend that period; or
(c) disapply sub-paragraph (5).
(7) An administrator commits an offence if he fails without reasonable excuse to comply with sub-paragraph (4).”.

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Source: https://www.legislation.gov.uk/uksi/1994/2421/schedule/2/paragraph/28 (the official version)
Page: https://openlegislation.uk/insolvent-partnerships-order-1994/schedule-2/paragraph-28
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

