# The Payment and Electronic Money Institution Insolvency (England and Wales) Rules 2021, Article 105: New administrator appointed

Extent: E+W

(1) If a new administrator is appointed in place of another, the former administrator must as soon as is reasonably practicable transmit to the new administrator all relevant funds claims received, together with an itemised list of them.
(2) The new administrator must authenticate the list by way of receipt for the relevant funds claims and return it to the former administrator.
(3) From then on, all relevant funds claims submitted under rule 102 must be sent to and retained by the new administrator.

---
Source: https://www.legislation.gov.uk/uksi/2021/1178/article/105 (the official version)
Page: https://openlegislation.uk/payment-and-electronic-money-institution-insolvency-england-and-wales-rules-2021/article-105
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.