Insolvency Act 1986, Schedule B1 paragraph 69 (administrator as agent) (IA 1986 Sch B1 para 69)
An administrator acts as the company's agent, so the company, not the administrator, is the licensor and the party bound.
Dated 17 Oct 2026Source checked 17 Oct 2026Quote found on its page again 28 Oct 2026Basis: primary text
In the source's own words
“In exercising his functions under this Schedule the administrator of a company acts as its agent.”
Where it was read
Figures it counts in
It is shown on its own, not counted into a figure.
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