The person
(usually an accountant or solicitor) authorised by
the Department of Trade and Industry (DTI) or a
professional body to act as trustee, nominee,
supervisor, liquidator, administrative receiver or
administrator. Only such a person can hold any of
these offices.
(Please Note: The
definitions are not intended to be exhaustive
summaries of the Law. They are based on material
from The Insolvency Act 1986 , and other Acts
dealing with this subject.)