230. Liquidation committee

(1) In any Insolvency Proceedings within this Part 3, the creditors may, at any meeting convened by the Office-holder, appoint a Liquidation Committee to exercise the functions conferred on it by these Regulations.
(2) If such a Liquidation Committee is appointed, the relevant provisions of Schedule 7 (Creditors' Committees) shall apply.
(3) This Section does not apply to a members' winding-up.