PART 11N.I.COLLECTION AND DISTRIBUTION OF BANK’S ASSETS BY BANK LIQUIDATOR
General duties of bank liquidatorN.I.
136. Apply rule 4.188 of the 1991 Rules.
Commencement Information
I1Rule 136 in operation at 1.4.2009, see rule 1(1)
General qualification on powersN.I.
137. In exercising any power conferred on the bank liquidator by this Part before a full payment resolution has been passed, the bank liquidator shall exercise it consistently with Objective 1.
Commencement Information
I2Rule 137 in operation at 1.4.2009, see rule 1(1)
Manner of distributing assetsN.I.
138. Apply rule 4.189 of the 1991 Rules.
Commencement Information
I3Rule 138 in operation at 1.4.2009, see rule 1(1)
Debts of insolvent company to rank equallyN.I.
139. Apply rule 4.190 of the 1991 Rules.
Commencement Information
I4Rule 139 in operation at 1.4.2009, see rule 1(1)
Supplementary provisions as to dividendN.I.
140. Apply rule 4.191 of the 1991 Rules.
Commencement Information
I5Rule 140 in operation at 1.4.2009, see rule 1(1)
Division of unsold assetsN.I.
141. Apply rule 4.193 of the 1991 Rules.
Commencement Information
I6Rule 141 in operation at 1.4.2009, see rule 1(1)
General powers of the liquidatorN.I.
142.—(1) Apply rule 4.194 of the 1991 Rules.
(2) In paragraph (1) delete “under Article 142(1)(a), or”.
Commencement Information
I7Rule 142 in operation at 1.4.2009, see rule 1(1)
Enforced delivery up of company’s propertyN.I.
143. Apply rule 4.195 of the 1991 Rules.
Commencement Information
I8Rule 143 in operation at 1.4.2009, see rule 1(1)
Final distributionN.I.
144.—(1) Apply rule 4.196 of the 1991 Rules.
(2) In paragraphs (1) and (2) for “Part 11”, substitute “Part 21”.
Commencement Information
I9Rule 144 in operation at 1.4.2009, see rule 1(1)