# The Building Society Insolvency (Scotland) Rules 2010, Rule 59: Membership of committee

Extent: S

(1) Apply rule 4.41 of the 1986 Rules.
(2) For rule 4.41(1) substitute—
“(1) Subject to rule 25 of the 2010 Rules, and to rules 4.43 and 4.59 of the 1986 Rules as applied by rules 61 and 77 respectively of the 2010 Rules, the liquidation committee shall consist of either three or five creditors of the building society, elected by the meeting of creditors held under rule 24 of the 2010 Rules.”.
(3) Ignore paragraphs (3) and (6).

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Source: https://www.legislation.gov.uk/uksi/2010/2584/rule/59 (the official version)
Page: https://openlegislation.uk/building-society-insolvency-scotland-rules-2010/rule-59
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

