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Power of Lord Chancellor of Great Britain to make Rules.
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XCV. In England, the Lord Chancellor of Great Britain, with the Advice and Consent of the Master of the Rolls and any One of the Vice-Chancellors for The Time being, or with the Advice and Consent of any Two of the Vice-Chancellors, may, as often as Circumstances require, make such Rules concerning the Mode of proceeding to be had for winding-up a Company in the Court of Chancery as may from Time to Time seem necessary; but, until such Rules are made, the general Practice of the Court of Chancery, including the Practice hitherto in use in winding-up Companies, shall, so far as the same is applicable, and not inconsistent, with this Act, apply to all Proceedings for winding up a Company, and Official Liquidators shall be considered as occupying in all respects the Place of an Official Manager.
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