{
  "url": "https://openlegislation.uk/bank-insolvency-england-and-wales-rules-2009/rule-88",
  "json_url": "https://openlegislation.uk/bank-insolvency-england-and-wales-rules-2009/rule-88.json",
  "legislation": "uksi/2009/356",
  "legislation_title": "The Bank Insolvency (England and Wales) Rules 2009",
  "legislation_url": "https://openlegislation.uk/bank-insolvency-england-and-wales-rules-2009",
  "path": "rule/88",
  "kind": "rule",
  "number": "88",
  "heading": "Action following acceptance of resignation",
  "text": "(1) This rule applies where a meeting is summoned to notify the creditors of the bank liquidator’s resignation\n(2) The meeting shall resolve whether to give the bank liquidator their release.\n(3) If the meeting resolves not to release the bank liquidator, the bank liquidator shall be given a copy of that resolution and rule 95 applies.\n(4) After the meeting the bank liquidator shall file the notice of his resignation in court and shall send copies of the notice to the Bank of England, the appropriate regulator and the registrar of companies.\n(5) The bank liquidator’s resignation is effective as from the date on which the court receives the notice of that resignation, and the court shall endorse that date on the notice.",
  "extent": "E+W",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Word in rule 88(2) substituted (15.11.2010) by The Bank Insolvency (England and Wales) (Amendment) Rules 2010 (S.I. 2010/2579), rules 1, 36(a)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Rule 88(3) substituted (15.11.2010) by The Bank Insolvency (England and Wales) (Amendment) Rules 2010 (S.I. 2010/2579), rules 1, 36(b)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Word in rule 88(4)(5) substituted (15.11.2010) by The Bank Insolvency (England and Wales) (Amendment) Rules 2010 (S.I. 2010/2579), rules 1, 36(a)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Words in Rules substituted (1.4.2013) by virtue of The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013 (S.I. 2013/472), art. 1(1), Sch. 2 para. 163(f)"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Word in rule 88(5) substituted (15.11.2010) by The Bank Insolvency (England and Wales) (Amendment) Rules 2010 (S.I. 2010/2579), rules 1, 36(c)"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "Rule 88 in force at 25.2.2009, see rule 1"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2009/356/rule/88",
    "retrieved_at": "2026-10-29T03:17:34.546410+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}