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Section 4: Office becoming vacant

Insolvency Act · SEVENTH SCHEDULE

consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

4. Office becoming vacant Where a member of the committee becomes bankrupt or compounds or arranges with his creditors or is absent from 3 consecutive meetings of the committee without the leave of those members who together with that member represent the creditors or shareholders, as the case may be, the office of that member becomes vacant.

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