147. Joint and concurrent administrators

(1) Where a Company is in administration, a person may be appointed to act as administrator jointly or concurrently with the person or persons acting as the administrator of the Company.
(2) Where a Company entered administration by administration order, an appointment under subsection (1) must be made by the Court on the application of —
(a) a person or group listed in Section 8(1)(a) to 8(1)(d) (Administration application); or
(b) the person or persons acting as the administrator of the Company.
(3) Where a Company entered administration by virtue of an appointment under Section 21 (Power to appoint), an appointment under subsection (1) must be made by —
(a) the holder of the qualifying charge by virtue of which the appointment was made; or
(b) the Court on the application of the person or persons acting as the administrator of the Company.
(4) Where a Company entered administration by virtue of an appointment under Section 29(1) (Power to appoint), an appointment under subsection (1) above must be made either by the Court on the application of the person or persons acting as the administrator of the Company or —
(a) by the Company; and
(b) with the consent of each person who is the holder of a qualifying charge in respect of the Company's property or, where consent is withheld, with the permission of the Court.
(5) Where a Company entered administration by virtue of an appointment under Section 29(2) (Power to appoint), an appointment under subsection (1) must be made either by the Court on the application of the person or persons acting as the administrator of the Company or —
(a) by the Directors of the Company; and
(b) with the consent of each person who is the holder of a qualifying charge in respect of the Company's property or, where consent is withheld, with the permission of the Court.
(6) An appointment under subsection (1) may be made only with the consent of the person or persons acting as the administrator of the Company.
(7) Where a Company is subject to a Deed of Company Arrangement, a person may be appointed to act as an administrator jointly or concurrently with the person or persons acting as the administrator of the Deed of Company Arrangement by resolution of the creditors of the Company at a meeting of creditors convened pursuant to Section 90 (Meeting of creditors to consider variation or termination), subject to such appointment obtaining the consent of the person or persons acting as the administrator of the Deed of Company Arrangement.