OpenLegislation

Rule 61 Committee established by contributoriesI1

Scotland

(1)

Apply rule 4.43 of the 1986 Rulesf1.

(2)

For rule 4.43(1) of that rule substitute—

“(1)

This rule applies where the outcome of the creditors’ meeting summoned by the building society liquidator under rule 24 of the 2010 Rules is, by virtue of rule 25(3), that the liquidation committee ceases to exist at the end of the meeting”.

(3)

In rule 4.43(2) omit “138 or”.

(4)

In rule 4.43(4) omit “at least three and not more than five” and substitute “three or five”.

Annotations

Commencement

I1

Rule 61 in force at 15.11.2010, see rule 1

Footnotes

f1

Rule 4.43 was amended by paragraph 25 of Schedule 1(I) to S.I. 1987/1921.