# The Bank Insolvency (England and Wales) Rules 2009, Rule 117: Committee established by contributories

Extent: E+W

(1) Apply rule 4.154 of the 1986 Rules.
(2) For paragraph (1) substitute—
“(1) This rule applies where the outcome of the creditors’ meeting summoned by the bank liquidator under rule 41 of the ... 2009 Rules is, (by virtue of rule 41 (2)), that the liquidation committee ceases to exist at the end of the meeting.”.
(3) In paragraph (2), for “that section” substitute “section 141 of the Act”.
(4) In paragraph (4) for “at least 3 and not more than 5”, substitute “3 or 5”.

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Source: https://www.legislation.gov.uk/uksi/2009/356/rule/117 (the official version)
Page: https://openlegislation.uk/bank-insolvency-england-and-wales-rules-2009/rule-117
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

