OpenLegislation

Article 154 Primacy of Objective 1I1

Northern Ireland

Where the bank liquidator considers that the carrying out of a duty imposed by a rule in this Part would prejudice the achievement of Objective 1, the bank liquidator shall postpone the carrying out of that duty until he considers that the carrying out of the duty would no longer be likely to prejudice the achievement of that Objective.

Annotations

Commencement

I1

Rule 154 in operation at 1.4.2009, see rule 1(1)