Rule 134 Composition of committee when creditors paid in full

(1)

Apply rule 4.179 of the 1991 Rules.

(2)

In paragraph (6)—

(a)

at the beginning, insert “Subject to paragraph (6A)”;

(b)

after “under paragraph (1)”, insert “or since the FSCS has ceased to be on the committee”.

(3)

After paragraph (6), insert—

“(6A)
The liquidation committee continues to exist and can act so long as it consists of at least the FSCS.”.