Article 83 Management administrators: dischargeI1
United Kingdom
(1)
This article applies if—
(a)
an administrator stands appointed under article 63 in respect of property which is identified in the restraint order (the management administrator); and
(b)
the court appoints an administrator under article 73.
(2)
The Court must order the management administrator to transfer to the other administrator all property held by the management administrator by virtue of the powers conferred on him by article 63.
(3)
If the management administrator complies with an order under paragraph (2) he is discharged—
(a)
from his appointment under article 63;
(b)
from any obligation under this Order arising from his appointment.