29. Continuation of creditors' committee

The creditors' committee is deemed to have been established under Section 72 (Creditors' Committee) and —

(a) no action may be taken under Section 230 (Liquidation committee) to establish any other Liquidation Committee;
(b) pending the issue of a certificate of continuance (as referred to in paragraph 30 (Certificate of continuance) of Part 7 (Winding-up by the Court — administration followed by winding-up) of this Schedule), the creditors' committee is suspended and cannot act.