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Article 126 Insolvency practitioner’s caution

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

Apply rule 7.28 of the 1986 Rules.

(2)

For rule 7.28(2) substitute “It is the duty of the liquidation committee in a bank insolvency to review from time to time the adequacy of the bank liquidator’s caution.”.