The Investment Bank Special Administration (Scotland) Rules 2011

Removal

This adran has no associated Memorandwm Esboniadol

89.—(1) A member of the creditors’ committee may be removed by resolution at a meeting of creditors and clients, at least 14 days’ notice having been given of the intention to move that resolution.

(2) The resolution in paragraph (1) will be voted on only by the relevant class of voter under rule 81(4) in respect of the member to be removed.