Section 27Part 4 — POWERS AND DUTIES OF THE AUTHORITY
Authority may attend winding up proceedings
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Where a petition for the winding up of a licensee or a person who has at any time been a licensee is presented by a person other than the Authority the petitioner shall serve the Authority with a copy of the petition and the Authority may appear at the hearing of the petition and the provisions of subsections (2) and (3) shall apply.
A document which relates to a petition for winding-up and which is required to be sent to any person specified in subsection (1), or to any of his respective creditors, shall also be sent to the Authority.
A person appointed for the purpose by the Authority may —
attend a meeting of creditors of a person specified in subsection (1);
attend a meeting of a committee established to discuss a compromise or arrangement; and
make representations as to any matter for decision at any such meeting.