The Bank Insolvency Rules (Northern Ireland) 2009

Release of resigning or removed bank liquidator

95.—(1) Apply rule 4.128 of the 1991 Rules.

(2) In paragraph (1)—

(a) for “accepted by” substitute “notified to”;

(b) for rule 4.116 substitute “rule 88 of the Bank Insolvency Rules 2009”.

(3) In paragraph (3)—

(a) in sub-paragraph (a) for “receive his resignation” substitute “be notified of his resignation”; and delete “or” at the end;

(b) at the end of sub-paragraph (b) insert—

• “, or

  (c)

  the bank liquidator resigns, and the Bank of England has refused his release.”.

(4) For paragraph (4) substitute—

“(4) When the Department gives the release it shall certify it accordingly, file the certificate in court and send a copy to the registrar of companies.”.