{
  "url": "https://openlegislation.uk/bank-insolvency-no-2-rules-northern-ireland-2009/article-106",
  "json_url": "https://openlegislation.uk/bank-insolvency-no-2-rules-northern-ireland-2009/article-106.json",
  "legislation": "nisr/2009/122",
  "legislation_title": "The Bank Insolvency (No. 2) Rules (Northern Ireland) 2009",
  "legislation_url": "https://openlegislation.uk/bank-insolvency-no-2-rules-northern-ireland-2009",
  "path": "article/106",
  "kind": "article",
  "number": "106",
  "heading": "Replacement Bank liquidator",
  "text": "(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.\n(2) Where a bank liquidator has been removed by a meeting of creditors but one month has passed and there has been no resolution passed by a meeting of creditors to appoint a new bank liquidator, the Bank of England shall appoint a new bank liquidator as soon as practicable.\n(3) The Bank of England shall file in court the document appointing the new bank liquidator (“the appointment document”) together with statements to the effect that the new bank liquidator—\n(a) is qualified to act as an insolvency practitioner in accordance with Article 349 of the Order; and\n(b) consents to act as the bank liquidator.\n(4) The bank liquidator shall send a copy of the appointment document to the FSA and registrar of companies.\n(5) The bank liquidator shall as soon as reasonably practicable—\n(a) cause the appointment to be gazetted; and\n(b) advertise the appointment in such manner as the bank liquidator thinks fit.",
  "extent": "N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Rule 106 in operation at 1.4.2009, see rule 1(1)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/nisr/2009/122/article/106",
    "retrieved_at": "2026-10-29T01:32:25.478192+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."
}