Article (149) General Duties of the Liquidator

(a) The liquidator shall ensure that the assets and properties of the Licensee under liquidation are properly accounted for, collected, realised and distributed to the Licensee's creditors and, the surplus, if any, shall be distributed to the entitled persons.
(b) The assets of the Licensee in liquidation shall not include any financial trusts that the Licensee holds as a trustee.