Administrator’s release

When a person ceases to be an administrator he is discharged from liability in respect of any action of his as administrator, provided that this release has been properly granted under S98 of Sch B1 of the Insolvency Act 1986. The validity of his release from personal liability is probably even more important to an administrator than the validity of his appointment. S105 of Sch B1 IA 1986 validates any act of the administrator in spite of a defect in his appointment. There is no such validation clause for the administrator's release.

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