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===Administrative receiver=== The person appointed by the holder of a floating charge debenture over a company's assets to collect in and realise the assets of that company and to repay the indebtedness to the debenture holder. <ref>{{cite web |title=Definitions of Insolvency and Bankruptcy Terms and Expressions for England and Wales |url=https://gaukauctions.com/post/2018/5/23/glossary-of-insolvency-terms |website=gaukauctions.com |date=23 May 2018 |publisher=GAUK Media |access-date=13 May 2020 |archive-date=3 August 2020 |archive-url=https://web.archive.org/web/20200803064312/https://gaukauctions.com/post/2018/5/23/glossary-of-insolvency-terms |url-status=live }}</ref> Administrative receivers can no longer be appointed by floating charge holders with the exception of floating charges created prior to 15 September 2003.<ref>{{Cite web |title=A guide to administrative receiverships {{!}} The Gazette |url=https://www.thegazette.co.uk/all-notices/content/103878 |access-date=2023-10-18 |website=www.thegazette.co.uk}}</ref><ref>{{Cite web |title=Practice guide 36: administration and receivership |url=https://www.gov.uk/government/publications/administration-and-receivership/practice-guide-36-administration-and-receivership |access-date=2023-10-18 |website=GOV.UK |language=en}}</ref>
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