(1) A meeting of the liquidation committee may be summoned -

(a) by any of the members, or

(b) by the bank liquidator.

(2) While the liquidation committee consists of the initial members (or their nominated replacements) a meeting is quorate only if all the members are present.

(3) A person aggrieved by any action of the liquidation committee before it has passed a full payment resolution may apply to the court, which may make any order (including an order for the repayment of money).

(4) The court may (whether on an application under subsection (3), on the application of a bank liquidator or otherwise) make an order that the liquidation committee is to be treated as having passed a full payment resolution.

(5) If a liquidation committee fails to comply with section 100(5) the bank liquidator must apply to the court -

(a) for an order under subsection (4) above, or

(b) for directions under or by virtue of section 168(3) or 169(2) of the Insolvency Act 1986 as applied by section 103 below.