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Article 30 Reports to creditors

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

A bank administrator who fails to comply with rule 28 or 29 is liable to a fine and, for continued contravention, to a daily default fine.

(2)

For that purpose, failure to comply with rule 28 or 29 shall be treated in the same way as failure to comply with rule 2.38 of the 1986 Rules.