The Bank Administration (Scotland) Rules 2009

1. Introductory Text

2. PART 1

   1. 1. Citation

   2. 2. Commencement

   3. 3. Extent

   4. 4. Interpretation

   5. 5. In these Rules— (a) “the FSCS” means the scheme manager...

   6. 6. Overview

   7. 7. Forms

3. PART 2

   1. 8. Introduction

   2. 9. Content of application

   3. 10. If the bank has notified the Bank of England of...

   4. 11. Statement of proposed bank administrator

   5. 12. Lodging

   6. 13. Service

   7. 14. Service must be effected as soon as is reasonably practicable,...

   8. 15. Other notification

   9. 16. Notice of order

   10. 17. The Bank of England shall as soon as is reasonably...

   11. 18. Expenses

4. PART 3

   1. 19. Introduction

   2. 20. Bank administrator’s proposals: Objective 1 Stage

   3. 21. Bank administrator’s proposals: Objective 2 Stage

   4. 22. If the bank administrator thinks that the statement made under...

   5. 23. Where the court orders an extension of the period of...

   6. 24. Where the bank administrator has made a statement under paragraph...

   7. 25. Where the bank administrator intends to apply to the court...

   8. 26. (1) Any bank administrator who wishes to publish a notice...

   9. 27. Reports to creditors

   10. 28. A progress report must be produced for—

   11. 29. (1) The bank administrator must send a copy of each...

   12. 30. (1) A bank administrator who fails to comply with rule...

   13. 31. Removal of bank administrator in Objective 1 Stage

   14. 32. Appointment of provisional bank administrator

   15. 33. (1) As soon as is reasonably practicable after appointment any...

   16. 34. The Bank of England may disclose the fact and terms...

   17. 35. Additional joint bank administrator

   18. 36. End of administration: successful rescue

   19. 37. End of administration: dissolution

   20. 38. Proceedings under sections 213 and 214 of the Insolvency Act...

5. PART 4

   1. 39. General application

   2. 40. For that purpose the rules apply with—

   3. 41. General modifications

   4. 42. Table of applications and specific modifications

6. Signature

7. Explanatory Note