Section 121(3)

For the purposes of the application of section 7A of the Disqualification Act (office-holder’s report on conduct of directors) to a bank which is subject to a bank insolvency order— the “office-holder” is the bank liquidator, the “insolvency date” means the date on which the bank insolvency order is made, and subsections (9) to (11) are omitted.

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Source: legislation.gov.uk · retrieved 2026-09-04