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

Formal defectsE+W

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86.  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.

Commencement Information

I1Rule 86 in force at 12.11.2021, see rule 2