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127. Notice to registrar where administration ends

(1) This Section applies where the Court makes an order under these Regulations providing for the appointment of an administrator to cease to have effect.
(2) The administrator shall send a copy of the order to the Registrar within the period of fourteen (14) days beginning with the date of the order.
(3) An administrator who fails without reasonable excuse to comply with subsection (2) commits a contravention and is liable to a fine at the relevant level set out in the Fines Schedule.