Rule 16 Termination of appointmentI1

Scotland

(1)

Apply rule 4.6(1)^f1 and (2)^f2 of the 1986 Rules.

(2)

In rule 4.6(1) ignore “Except in relation to winding up petitions under section 124A”.

(3)

After rule 4.6(2) insert—

“(3)
On the making of a building society insolvency order, the appointment of the provisional building society liquidator shall terminate.”.

Annotations

f1: Rule 4.6(1) was amended by rule 13(b) of S.I. 2006/734.
f2: Rule 4.6(2) was amended by paragraph 11 of Schedule 1(I) to S.I. 1987/1921.