S. 112 in force at 21.2.2009 by S.I. 2009/296, art. 3, Sch. para. 2

http://www.legislation.gov.uk/ukpga/2009/1/section/112/2009-02-21Banking Act 2009An Act to make provision about banking.texttext/xmlenStatute Law Database2024-05-18Expert Participation2009-02-21Part 2Bank InsolvencyTenure of bank liquidator
112Replacement(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.

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S. 112 in force at 21.2.2009 by
<ref eId="c5njw6fq2-01687" href="http://www.legislation.gov.uk/id/uksi/2009/296">S.I. 2009/296</ref>
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