xmlns:atom="http://www.w3.org/2005/Atom"
(1)Where a bank liquidator vacates office the Bank of England must as soon as is reasonably practicable appoint a replacement bank liquidator.
(2)But where a bank liquidator is removed by resolution of a meeting of creditors under section 109—
(a)a replacement may be appointed by resolution of the meeting, and
(b)failing that, subsection (1) above applies.