# Banking Act 2009, Section 110: Disqualification

Extent: E+W+S+N.I.

(1) If a bank liquidator ceases to be qualified to act as an insolvency practitioner in relation to the bank, the appointment lapses.
(2) A bank liquidator whose appointment lapses under subsection (1) has release with effect from a time determined by—
(a) the Secretary of State, or
(b) in the case of a bank liquidator in Scotland, the Accountant of Court.

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Source: https://www.legislation.gov.uk/ukpga/2009/1/section/110 (the official version)
Page: https://openlegislation.uk/banking-act-2009/section-110
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

