| 释义 |
administrative receiver
A receiver who, under the terms of a debenture secured by floating charge, takes control of all (or substantially all) of a company’s assets. Subject to certain exceptions, an administrative receiver cannot be appointed by the holder of a floating charge in respect of any floating charge created after 15 September 2003 (in accordance with the Insolvency Act 1986, as amended by the Enterprise Act 2002). See also insolvency practitioner. |