OpenLegislation

Rule 85 Replacement of building society liquidator by creditors

Original text. Later amendments are not shown.

(1)

Apply rule 4.106 of the 1991 Rules.

(2)

For paragraph (1) substitute—

“(1)

This rule applies where a person is appointed as building society liquidator by a meeting of creditors.”.

(3)

For paragraph (4) substitute—

“(4)

The chair of the meeting shall—

(a)

send the certificate to the new building society liquidator;

(b)

send a copy of the certificate to the Bank of England and the appropriate regulator; and

(c)

file a copy of the certificate in court.”.