# Banking Act 2009, Section 112: Replacement


(1) Where a bank liquidator vacates office the Bank of England must as soon as is reasonably practicable appoint a replacement bank liquidator.
(2) But where a bank liquidator is removed by resolution of a meeting of creditors under section 109—
(a) a replacement may be appointed by resolution of the meeting, and
(b) failing that, subsection (1) above applies.

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Source: https://www.legislation.gov.uk/ukpga/2009/1/section/112 (the official version)
Page: https://openlegislation.uk/banking-act-2009/section-112
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.