Cap. 442 Art. 102Powers of Board over liquidator.

(1) A liquidator shall exercise his powers subject to the supervision of the Board.

(2) Without prejudice to the generality of the provisions of subarticle (1), the Board may -

(a) remove a liquidator from office and appoint a new one;

(b) by order in writing, limit the powers of a liquidator, as it may deem appropriate;

(c) determine the remuneration of the liquidator.