Administrators taking over a licence
If a receiver or administrator is appointed because a licensee is bankrupt or insolvent, the official receiver may carry on business as the licensee under the licence.
If a corporate licensee is being wound up or under administration, receivership or official management, the administrator may carry on business as the licensee.
The administrator or receiver must notify Consumer and Business within seven seven days of taking over the licence.
There are no other requirements.