# The Bank Insolvency (England and Wales) Rules 2009, Rule 106: Replacement Bank liquidator

Extent: E+W

(1) Where the bank liquidator vacates his office for any reason (including death) other than by removal by a meeting of creditors in accordance with rule 90, the Bank of England shall appoint a new bank liquidator as soon as practicable.
(2) Where a bank liquidator has been removed by a meeting of creditors, and no resolution has been passed by that meeting to appoint a new bank liquidator, the Bank of England shall appoint a new bank liquidator as soon as practicable.
(3) The Bank of England shall file in court the document appointing the new bank liquidator (“the certificate of appointment”) together with statements to the effect that the new bank liquidator—
(a) is qualified to act as an insolvency practitioner in accordance with section 390 of the 1986 Act, and
(b) consents to act as the bank liquidator.
(4) The bank liquidator shall send a copy of the certificate of appointment to the appropriate regulator and registrar of companies.
(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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Source: https://www.legislation.gov.uk/uksi/2009/356/rule/106 (the official version)
Page: https://openlegislation.uk/bank-insolvency-england-and-wales-rules-2009/rule-106
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

