Central Bank and Credit Institutions (Resolution) Act 2011


Functions of Bank after liquidation committee ceases to exist.

86.— If a liquidation committee ceases to exist by virtue of section 84(4)

(a) the Bank shall be a notice party to legal proceedings relating to the winding-up of the authorised credit institution concerned, and

(b) if a committee of inspection is appointed, the Bank—

(i) may attend meetings of the committee of inspection,

(ii) is entitled to receive copies of all documents relating to the business of the committee of inspection, and

(iii) may make representations to the committee of inspection.