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COMPANIES ACT (NORTHERN IRELAND) 1960 - SECT 327

327. It is hereby declared that, unless the contrary intention appears

(a)any reference in this Act to a receiver or manager of the property of a
company, or to a receiver thereof, includes a reference to a receiver or
manager, or (as the case may be) to a receiver, of part only of that property
and to a receiver only of the income arising from that property or from part
thereof; and

(b)any reference in this Act to the appointment of a receiver or manager under
powers contained in any instrument includes a reference to an appointment made
under powers which, by virtue of any enactment, are implied in, and have
effect as if contained in an instrument.

Construction of references to receivers and managers.

© 1960 Crown Copyright

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