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The Bank Administration Rules (Northern Ireland) 2009

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ServiceN.I.

15.  The Bank of England shall serve the application—

(a)on the bank;

(b)on the person (or each of the persons) nominated for appointment as bank administrator;

(c)on any person whom the Bank of England knows to be entitled to appoint an administrator under paragraph 15 of Schedule B1 to the Order or an administrative receiver;

(d)on any person who has given notice to the [F1Financial Conduct Authority or the Prudential Regulation Authority] in respect of the bank under section 120 of the 2009 Act (bank insolvency: notice of preliminary steps of other insolvency procedures); and

(e)if the property transfer instrument was made or is to be made under section 11(2)(b) of the 2009 Act (transfer to commercial purchaser), on each transferee.

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Commencement Information

I1Rule 15 in operation at 25.2.2009, see rule 2

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