Rule 4.46 The chairman at meetings

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

rule 1.12-1.16E applied 2016 asp 21 s. 14B (as inserted) by Insolvency (Regulation (EU) 2015/848) 2017 reg. 4(8)
Rules applied (with modifications) by Building Society Special Administration 2009 rule 38-41
Rules applied (with modifications) by Limited Liability Partnerships 2001 reg. 6(1)
Rules specified provisions applied (with modifications) by Collective Investment in Transferable Securities (Contractual Scheme) 2013 Sch. 4
rule 4.46 applied by Building Society Insolvency 2010 rule 64

(1)

The chairman at any meeting of the liquidation committee shall be the liquidator, or a person nominated by him to act.

(2)

A person so nominated must be either -

(a)

a person who is qualified to act as an insolvency practitioner in relation to the company, or

(b)

an employee of the liquidator or his firm who is experienced in insolvency matters.