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Rule 108 Building society liquidator deceasedI1

England and Wales

(1)

Unless notice of the death of the building society liquidator has been given under paragraph (2) or (3), it is the duty of the building society liquidator’s personal representatives, where the building society liquidator has died, to give notice of that fact to the Bank of England and the liquidation committee, specifying the date of the death.

(2)

If the deceased building society liquidator was a partner in a firm, notice may be given to the Bank of England, the F1appropriate regulator and the liquidation committee by a partner in the firm who is qualified to act as an insolvency practitioner, or is a member of any body recognised by the Secretary of State for the authorisation of insolvency practitioners.

(3)

Notice of the death may also be given by any person producing the relevant death certificate or a copy of it to the Bank of England, the appropriate regulator and the liquidation committee.

(4)

The Bank of England shall give notice to the court, for the purpose of fixing the date of the deceased building society liquidator’s release.

Annotations

Textual amendments

F1

Words in Rules substituted (1.4.2013) by The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013 (S.I. 2013/472), art. 1(1), Sch. 2 para. 191(5)

Commencement

I1

Rule 108 in force at 15.11.2010, see rule 1