# The Bank Insolvency (No. 2) Rules (Northern Ireland) 2009, Article 115: Membership of committee

Extent: N.I.

(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””.

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Source: https://www.legislation.gov.uk/nisr/2009/122/article/115 (the official version)
Page: https://openlegislation.uk/bank-insolvency-no-2-rules-northern-ireland-2009/article-115
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.