{
  "url": "https://openlegislation.uk/bank-insolvency-scotland-rules-2009/article-58",
  "json_url": "https://openlegislation.uk/bank-insolvency-scotland-rules-2009/article-58.json",
  "legislation": "uksi/2009/351",
  "legislation_title": "The Bank Insolvency (Scotland) Rules 2009",
  "legislation_url": "https://openlegislation.uk/bank-insolvency-scotland-rules-2009",
  "path": "article/58",
  "kind": "article",
  "number": "58",
  "heading": "Membership of committee",
  "text": "(1) Apply rule 4.41 of the 1986 Rules.\n(2) For rule 4.41(1) substitute–\n“(1) Subject to rule 4.43 of the 1986 Rules as applied by rule 56 of the 2009 Rules, the liquidation committee shall consist of either 3 or 5 creditors of the bank, elected by the meeting of creditors held under rule 23 of those Rules.”.\n(3) Ignore paragraphs (3) and (6) and in paragraph (5) ignore any reference to contributory members.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Rule 4.41 was amended by paragraph 23 of Schedule 1(I) to S.I. 1987/1921."
    }
  ],
  "outstanding_effects": [
    {
      "type": "words substituted",
      "affecting": "uksi/2013/472",
      "affecting_title": "The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013"
    },
    {
      "type": "substituted",
      "affecting": "uksi/2010/2586",
      "affecting_title": "The Bank Insolvency (Scotland) (Amendment) Rules 2010"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2009/351/article/58",
    "retrieved_at": "2026-10-29T03:17:38.577924+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}