Skip to main content
Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 20 November 2015 - onwards
Version 4 of 4

79. Liquidators of designated credit institutions.

(1) Only a liquidator approved by the Bank may be appointed to a designated credit institution.

(2) A liquidator appointed by the Court to a designated credit institution shall notify the Bank, immediately after his or her appointment, that a compensation event (within the meaning of section 1 of the Act of 2009) has taken place.