INMA 5.10.2 Third-party-related distribution event

Each of the following is a third-party-related distribution event for an eligible bank or eligible third party:

(a) the appointment of a liquidator, receiver or administrator or of a trustee in bankruptcy;
(b) an event in any jurisdiction equivalent to an appointment mentioned in paragraph (a).
Derived from QFCRA RM/2014-4 (as from 1st January 2015).