C1C4C2C3Part 2Bank Insolvency

Annotations:

Tenure of bank liquidator

I1106Term of appointment

A bank liquidator appointed by bank insolvency order remains in office until vacating office—

a

by resigning under section 107,

b

on removal under section 108 or 109,

c

on disqualification under section 110,

d

on the appointment of a replacement in accordance with section 112,

e

in accordance with sections 113 to 115, or

f

on death.