The Bank Insolvency (England and Wales) Rules 2009 No. 356

PART 6 MEETINGS OF CREDITORS AND CONTRIBUTORIES

RULES OF GENERAL APPLICATION

General power to call meetings

42.—(1) Apply rule 4.54 of the 1986 Rules.

(2) Where the bank liquidator has been directed to summon a meeting of creditors under section 195 of the Act (as applied by section 109 of the 2009 Act) for the purpose of removing the bank liquidator, the bank liquidator shall give notice of the meeting to the Bank of England and the FSA.