The Bank Insolvency (Scotland) (Amendment) Rules 2010

Amendments to the Bank Insolvency (Scotland) Rules 2009

This section has no associated Explanatory Memorandum

12.  In rule 42—

(a)in paragraph (2), for “will” substitute “shall”;

(b)for paragraph (3), substitute—

(3) If the meeting resolves not to release the bank liquidator, the bank liquidator shall be given a copy of that resolution and rule 43 applies.; and

(c)in paragraph (5), for “his” substitute “that”.