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LIQUOR LICENSING ACT 1997 - SECT 74

LIQUOR LICENSING ACT 1997 - SECT 74

74—Bankruptcy or winding up of licensee

        (1)         If a licensee becomes bankrupt or insolvent, the official receiver may carry on business as the licensee under the licence.

        (2)         If a corporate licensee is being wound up or is under administration, receivership or official management, a person vested by law with power to administer the affairs of the body corporate may carry on business as the licensee under the licence.