182. Disqualifi cations from being appointed or acting as adminstrator

within the period of two years immediately preceding the date of commencement of the administration been a creditor of the company, except as a liquidator of the company;

within the period of two years immediately preceding the date of commencement of the administration been a director or other officer or an auditor or employee of the company or of a related company;

had within the period of two years preceding the date of commencement of the administration –

a direct interest in a share issued by the company or by a related company; or

an indirect interest in five per cent or more of any class of shares issued by the company or by a related company; or

been a receiver of property or appointee in respect of property of the company within the period of three years immediately preceding the date of commencement of the administration.