The Payment and Electronic Money Institution Insolvency (England and Wales) Rules 2021

Further notificationE+W

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12.  As soon as is reasonably practicable after filing the application, the applicant must notify—

(a)any enforcement officer or other officer whom the applicant knows to be charged with effecting an execution or other legal process against the institution or its property,

(b)any person whom the applicant knows to have distrained against the institution or its property, and

(c)the FCA (if not the applicant).

Commencement Information

I1Rule 12 in force at 12.11.2021, see rule 2