Credit Institutions (Stabilisation) Act 2010

17

Terms of appointment.

17.— (1) The period of the special management of a relevant institution is 6 months from the making of the relevant special management order (whether that order is made under subsection (2) or (5) of section 14).

(2) The terms and conditions of appointment of a special manager (other than the period of his or her appointment) are as set out in the relevant special management order.