The Payment and Electronic Money Institution Insolvency (England and Wales) Rules 2021

RemovalE+W

This adran has no associated Memorandwm Esboniadol

77.—(1) A member of the creditors’ committee may be removed by resolution at a meeting of creditors and customers, at least fourteen days’ notice having been given of the intention to move that resolution.

(2) The resolution in paragraph (1) will be voted on only by the relevant class of voter in respect of the member to be removed.

Commencement Information

I1Rule 77 in force at 12.11.2021, see rule 2