OpenLegislation

Article 115 Membership of committeeI1

Northern Ireland

(1)

Apply rule 4.160 of the 1991 Rules.

(2)

For paragraph (1) substitute—

“(1)

Subject to rule 4.162 of the 1991 Rules as applied by rule 117, the liquidation committee shall consist of either 3 or 5 creditors of the company, elected by the meeting of creditors held under rule 40.”

(3)

Delete paragraphs (2), (4) and (7).

(4)

In paragraph (6) delete from “; and those elected” to ““contributory members””.

Annotations

Commencement

I1

Rule 115 in operation at 1.4.2009, see rule 1(1)