# The Investment Bank Special Administration (England and Wales) Rules 2011, Rule 107: The chair at meetings

Extent: E+W

(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.

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Source: https://www.legislation.gov.uk/uksi/2011/1301/rule/107 (the official version)
Page: https://openlegislation.uk/investment-bank-special-administration-england-and-wales-rules-2011/rule-107
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.