# The Building Society Insolvency (Scotland) Rules 2010, Rule 32: Appointment by creditors

Extent: S

(1) This rule applies where a person is appointed as building society liquidator by a meeting of creditors.
(2) The chair of the meeting shall certify the appointment of a person as building society liquidator by the meeting but not until the person to be appointed has provided him with a written statement to the effect that he is qualified to act as an insolvency practitioner in accordance with section 390 of the Insolvency Act, and that he consents so to act.
(3) The appointment of the building society liquidator takes effect upon the passing of the resolution for the appointment and the date of the appointment shall be stated in the certificate.
(4) The chair of the meeting shall send the certificate to the new building society liquidator who shall send a copy of the certificate to the Bank of England (if the Bank of England was the applicant for the building society insolvency order), the Financial Conduct Authority (if it was that applicant) or the Prudential Regulation Authority (if it was that applicant).

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Source: https://www.legislation.gov.uk/uksi/2010/2584/rule/32 (the official version)
Page: https://openlegislation.uk/building-society-insolvency-scotland-rules-2010/rule-32
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.