34.—(1) As soon as is reasonably practicable after the conclusion of a meeting of creditors, of customers, or of creditors and customers to consider the administrator’s proposals or revised proposals, the administrator must—
(a)deliver notice of the result of the meeting to every person who received a copy of the original proposals,
(b)deliver notice of the result of the meeting to the Payment Systems Regulator and any payment system operator,
(c)attach a copy of the proposals considered at the meeting to the notice sent to each creditor and each customer who did not receive notice of the meeting but of whose claim the administrator has subsequently become aware, and
(d)file with the court a copy of the proposals considered at the meeting and notice of the result of the meeting.
(2) The administrator is taken to have complied with paragraph (1)(b) if the administrator publishes a notice which:
(a)contains the standard contents,
(b)identifies the proceedings,
(c)contains the registered office of the institution,
(d)is advertised in such [F1manner] as the administrator thinks fit,
(e)states that the payment system operator may request in writing a copy of the notice of the result of the meeting free of charge, and states the address to which to write, and
(f)is published as soon as is reasonably practicable after the administrator has delivered the notice of the result of the meeting to those who received a copy of the original proposals.
Textual Amendments
F1Word in rule 34(2)(d) substituted (10.8.2022) by The Payment and Electronic Money Institution Insolvency (England and Wales) (Amendment) Rules 2022 (S.I. 2022/847), rules 1(2), 2(6)
Commencement Information
I1Rule 34 in force at 12.11.2021, see rule 2