# The Bank Insolvency (Scotland) Rules 2009, Article 58: Membership of committee


(1) Apply rule 4.41 of the 1986 Rules.
(2) For rule 4.41(1) substitute–
“(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.”.
(3) Ignore paragraphs (3) and (6) and in paragraph (5) ignore any reference to contributory members.

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Source: https://www.legislation.gov.uk/uksi/2009/351/article/58 (the official version)
Page: https://openlegislation.uk/bank-insolvency-scotland-rules-2009/article-58
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.