PART 9THE BANK LIQUIDATOR

SECTION AGENERAL

Replacement of bank liquidator by creditors84

1

Apply rule 4.106 of the 1991 Rules.

2

For paragraph (1) substitute—

1

This Rule applies where a person is appointed as bank liquidator by a meeting of creditors.

3

For paragraph (4) substitute—

4

The chairman of the meeting shall—

a

send the certificate to the new bank liquidator,

b

send a copy of the certificate to the Bank of England and the FSA, and

c

file a copy of the certificate in court.