# The Payment and Electronic Money Institution Insolvency (England and Wales) Rules 2021, Article 72: 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—
(a) one who is qualified to act as an insolvency practitioner in relation to the institution, 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/2021/1178/article/72 (the official version)
Page: https://openlegislation.uk/payment-and-electronic-money-institution-insolvency-england-and-wales-rules-2021/article-72
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.