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Rule 10.70 Creditors' decision to appoint a trustee

(1)

In the case of a decision on the appointment of a trustee—

(a)

if on any vote there are two nominees for appointment, the person who obtains the most support is appointed;

(b)

if there are three or more nominees, and one of them has a clear majority over both or all the others together, that one is appointed; and

(c)

in any other case the convener or chair must continue to take votes (disregarding at each vote any nominee who has withdrawn and, if no nominee has withdrawn, the nominee who obtained the least support last time) until a clear majority is obtained for any one nominee.

(2)

In the case of a decision being made at a meeting, the chair may at any time put to the meeting a resolution for the joint appointment of any two or more nominees.