Rule 70 The chair at meetingsI1

Scotland

(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.

Annotations