PART 9THE BANK LIQUIDATOR
SECTION BRESIGNATION AND REMOVAL
Release of resigning or removed bank liquidator95
1
Apply rule 4.128 of the 1991 Rules.
2
In paragraph (1)—
a
for “accepted by” substitute “notified to”;
b
for rule 4.116 substitute “rule 88 of the Bank Insolvency Rules 2009”.
3
In paragraph (3)—
a
in sub-paragraph (a) for “receive his resignation” substitute “be notified of his resignation”; and delete “or” at the end;
b
at the end of sub-paragraph (b) insert—
, or
- a
the bank liquidator resigns, and the Bank of England has refused his release.
4
For paragraph (4) substitute—
4
When the Department gives the release it shall certify it accordingly, file the certificate in court and send a copy to the registrar of companies.