OpenLegislation

Rule 107 The chair at meetingsI1

England and Wales

(1)

The chair at any meeting of the creditors’ committee must be the administrator, or a person appointed by the administrator in writing to act.

(2)

A person so appointed must be either—

(a)

one who is qualified to act as an insolvency practitioner in relation to the investment bank; or

(b)

an employee of the administrator or the administrator’s firm who is experienced in insolvency matters.

Annotations

Commencement

I1

Rule 107 in force at 30.6.2011, see rule 2