Chair of meetings
This section has no associated Explanatory Memorandum
99.—(1) Meetings shall be chaired by the bank liquidator or a person nominated in writing by the bank liquidator.
(2) A person nominated under paragraph (1) must be–
(a)qualified to act as an insolvency practitioner in accordance with section 390 of the 1986 Act; or
(b)an employee of the bank liquidator or of the bank liquidator’s firm who is experienced in insolvency matters.