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Article 14 Amendments to the Bank Insolvency (Scotland) Rules 2009

Original text. Later amendments are not shown.

In rule 50—

(a)

for paragraph (2), substitute—

“(2)

Where a bank liquidator has been removed by a meeting of creditors, and no resolution has been passed by that meeting to appoint a new bank liquidator, the Bank of England shall appoint a new bank liquidator as soon as practicable.”;

(b)

in paragraphs (3), (4) and (5), for “the appointment document”, substitute “the certificate of appointment”; and

(c)

omit paragraph (6).