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Part 2U.K.Bank Insolvency

Process of bank liquidationU.K.

104Additional general powersU.K.

(1)A bank liquidator has the following powers.

(2)Power to effect and maintain insurances in respect of the business and property of the bank.

(3)Power to do all such things (including the carrying out of works) as may be necessary for the realisation of the property of the bank.

(4)Power to make any payment which is necessary or incidental to the performance of the bank liquidator's functions.

Modifications etc. (not altering text)

Commencement Information

I1S. 104 in force at 21.2.2009 by S.I. 2009/296, art. 3, Sch. para. 2