The Bank Administration Rules (Northern Ireland) 2009

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.

Textual Amendments

Commencement Information

I1Rule 15 in operation at 25.2.2009, see rule 2