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Rule 33 Appointment to be advertised and registeredI1

Scotland

(1)

This rule applies where the building society liquidator is appointed by a meeting of the creditors under rule 32 or by the Bank of England under rule 51.

(2)

The building society liquidator shall, after receiving the certificate of appointment, give notice of the appointment in such newspapers as the building society liquidator thinks most appropriate for ensuring that it comes to the notice of the building society’s creditors and contributories.

(3)

The expense of giving notice under this rule shall be borne in the first instance by the building society liquidator and such expense shall be treated as an expense of the building society insolvency.

(4)

The building society liquidator shall immediately notify the appointment to the court, F1the appropriate regulator and the Accountant in Bankruptcy.

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. 192(8)

Commencement

I1

Rule 33 in force at 15.11.2010, see rule 1