PART 6MEETINGS OF CREDITORS AND CONTRIBUTORIES

RULES OF GENERAL APPLICATION

The chair at meetings43

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.