# The Payment and Electronic Money Institution Insolvency (England and Wales) Rules 2021, Article 86: Formal defects

Extent: E+W

The acts of the creditors’ committee established for a special administration are valid despite any defect in the appointment, election or qualifications of any member of the creditors’ committee or any creditors’ committee-member’s representative or in the formalities of its establishment.

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Source: https://www.legislation.gov.uk/uksi/2021/1178/article/86 (the official version)
Page: https://openlegislation.uk/payment-and-electronic-money-institution-insolvency-england-and-wales-rules-2021/article-86
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.