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The Investment Bank Special Administration Regulations 2011

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Changes over time for: Section 20

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There are currently no known outstanding effects for the The Investment Bank Special Administration Regulations 2011, Section 20. Help about Changes to Legislation

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20.—(1) This regulation applies if the administrator has pursued the first part of Objective 3 (as set out in regulation 10(1)(c)(i)) and thinks that it has been sufficiently achieved.

(2) The administrator shall make an application under paragraph 79 of Schedule B1 (as applied by regulation 15).

(3) An administrator who makes an application in accordance with paragraph (2) must send a copy to the [F1FCA and, where the investment bank concerned is a PRA-authorised person, the PRA].

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