The Bank Insolvency (Scotland) Rules 2009

SECTION D - OUTLAYS AND REMUNERATION

Determination of amount of outlays and remuneration

45.  Apply rule 4.32 of the 1986 Rules.

Recourse of liquidator to meeting of creditors

46.  Apply rule 4.33 of the 1986 Rules.

Recourse to the court

47.  Apply rule 4.34 of the 1986 Rules(1).

Creditors’ claim that remuneration is excessive

48.  Apply rule 4.35 of the 1986 Rules.

Primacy of Objective 1

49.  Nothing done under this section of the Rules may prejudice the achievement of Objective 1.

(1)

Rule 4.34 was amended by paragraph 22 of Schedule 1(I) to S.I. 1987/1921.