2 PART IV FUNCTIONS OF ADMINISTRATOR IN RECONSTRUCTION 18. General powers of administrator in relation to company under reconstruction. 19. Application of certain provisions of the Act to reconstruction. 20. Voidable dispositions of property by companies under reconstruction and culpable persons. 21. Initial meeting of creditors and members. 22 Subsequent meetings of creditors and members. PART V SCHEMES OF RECONSTRUCTION AND INTERIM MANAGEMENT OF RECONSTRUCTED COMPANIES 23. Powers of administrator with respect to scheme of reconstruction. 24. Approval of scheme of reconstruction. 25. Consequences where reconstruction not possible or scheme therefor unapproved. 26. Implementation of scheme of reconstruction and matters incidental thereto. 27. Duties of interim board. PART VI GENERAL 28. Persons employed by company before its reconstruction. 29. Application of assets during reconstruction. 30. Remuneration of administrator and assistant administrators. 31. Liabilities incurred by administrator and interim board to have preference over prereconstruction liabilities. 32. Period of reconstruction excluded in determining preference under mortgage bond. 33. Position of auditor during reconstruction. 34. Reconstruction expenses. 35. Cancellation of reconstruction order. 36. Offences consequent upon a reconstruction. 37. Amendment of Cap. 9:16. 38. Saving of powers exercised under Statutory Instrument 187 of 2004.