# Banking Act 2009, Section 62D: Resolution administrator: supplementary


(1) A resolution administrator may do anything necessary or desirable for the purposes of or in connection with the performance of the functions of the office.
(2) A resolution administrator is not a servant or agent of the Crown (and, in particular, is not a civil servant).
(3) Where a resolution administrator is appointed under this Part, the Bank of England—
(a) must make provision in the appointment instrument or a Part 1 instrument for the resignation and replacement of the resolution administrator;
(b) may remove the resolution administrator from office only (i) on the ground of incapacity or misconduct, or (ii) on the ground that there is no further need for a person to perform the functions conferred on the resolution administrator.

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Source: https://www.legislation.gov.uk/ukpga/2009/1/section/62D (the official version)
Page: https://openlegislation.uk/banking-act-2009/section-62D
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.