Voluntary winding-up and depositor and creditor rights

(1) The approval of the Central Bank to the voluntary winding-up of a licensee shall not adversely affect the rights of– (a) a depositor or other creditor of the licensee to settlement in full of his claim; 168 (b) any person having an interest in the funds or property of the licensee to settlement of that interest; or (c) an owner of funds or other property held by the licensee to the return thereof. (2) All claims made by persons described in sub-section (1) shall be settled by the licensee concerned within such time as the Central Bank may determine.