# The Payment and Electronic Money Institution Insolvency (England and Wales) Rules 2021, Article 123: 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 proofs received, together with an itemised list of them.
(2) The new administrator must authenticate the list by way of receipt for the proofs, and return it to the former administrator.
(3) From then on, all proofs of debt must be sent to and retained by the new administrator.

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Source: https://www.legislation.gov.uk/uksi/2021/1178/article/123 (the official version)
Page: https://openlegislation.uk/payment-and-electronic-money-institution-insolvency-england-and-wales-rules-2021/article-123
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.