Regulation 29 Composite insurers: general meetings of creditors

This regulation applies in the same circumstances as regulation 28F1, but only if the non-transferring composite insurer is a company registered in F2... Northern Ireland or a society other than a society of a kind to which regulation 28A applies.

The creditors mentioned in section 168(2) of the 1986 Act F3(as applied in relation to such a society), Article 143(2) of the 1989 Order or rule 4.13 of the Insolvency (Scotland) Rules F41986 (power of liquidator to summon general meetings of creditors) are to be—

and, accordingly, any general meetings of creditors summoned for the purposes of that section, Article or rule are to be separate general meetings of creditors in respect of long term business liabilities and general business liabilities.