# The Insolvent Partnerships Order 1994, Paragraph 37

Extent: E+W

Paragraph 97 is modified so as to read as follows—
“97. (1) This paragraph applies where—
(a) an administrator of a partnership is appointed by the members of the partnership under paragraph 22, and
(b) there is no holder of a qualifying agricultural floating charge in respect of the partnership property.
(2) The administrator may be replaced by a decision of the creditors made by a qualifying decision procedure.
(3) The decision has effect only if, before the decision is made, the new administrator has consented to act in writing ”.

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Source: https://www.legislation.gov.uk/uksi/1994/2421/schedule/2/paragraph/37 (the official version)
Page: https://openlegislation.uk/insolvent-partnerships-order-1994/schedule-2/paragraph-37
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.