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Article 60 Committee established by contributories

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

(1)

Apply rule 4.43 of the 1986 Rulesf1.

(2)

For rule 4.43(1) of that rule substitute–

“(1)

This rule applies where the outcome of the creditors’ meeting summoned by the bank liquidator under rule 23 of the 2009 Rules is, by virtue of rule 24(3), that the liquidation committee ceases to exist at the end of the meeting”.

(3)

In rule 4.43(2) omit “Section 138 or”.

(4)

In rule 4.43(4) omit “at least 3 and not more than 5” and substitute “3 or 5”.

Annotations

Footnotes

f1

Rule 4.43 was amended by paragraph 25 of Schedule 1(I) to S.I. 1987/1921.