# The Bank Insolvency (No. 2) Rules (Northern Ireland) 2009, Article 98: Fixing of remuneration

Extent: N.I.

(1) Apply rule 4.134 of the 1991 Rules.
(2) In paragraph (3), delete from “Where” to “receiver,”.
(3) For paragraph (5) substitute—
“(5) If under rule 41(3), the liquidation ceases to exist at the end of the first meeting of creditors, the remuneration of the bank liquidator fixed by the initial liquidation committee under rule 18 can be re-determined by a resolution of a meeting of creditors and paragraph (4) applies to the determination of the creditors as it does to the determination of the liquidation committee.”
(4) In paragraph (6), for “Where” to “his” substitute “Where the bank liquidator’s”.

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Source: https://www.legislation.gov.uk/nisr/2009/122/article/98 (the official version)
Page: https://openlegislation.uk/bank-insolvency-no-2-rules-northern-ireland-2009/article-98
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.