SCHEDULE 4Modified application of insolvency rules in relation to relevant societies

PART 3Modified application of the Insolvency (Scotland) Rules 1986

Quorum at meetings55

Rule 7.6 (meetings requisitioned) has effect as if it required the expenses of summoning and holding a members’ meeting requested under paragraph 52(2) or 56(1) of Schedule B1 to be paid out of the assets of the society as an expense of the administration.