F1SCHEDULE 17A Further provision in relation to exercise of Part 18 functions by Bank of England
Part 2Application of provisions of this Act in relation to Bank of England
Insolvency
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(1)
The following provisions of Part 24 of this Act are to apply in relation to the Bank—
(a)
section 356 (powers to participate in proceedings: company voluntary arrangements);
(b)
section 358 (powers to participate in proceedings: trust deeds for creditors in Scotland);
(c)
section 359 (administration order);
(d)
section 362 (powers to participate in administration proceedings);
(e)
section 362A (consent to appointment of administrator);
(f)
section 363 (powers to participate in proceedings: receivership);
(g)
section 365 (powers to participate in proceedings: voluntary winding-up);
(h)
section 367 (winding-up petitions);
(i)
section 371 (powers to participate in proceedings: winding-up).
(2)
Those provisions are to apply as if any reference to an authorised person or recognised investment exchange were a reference to a recognised clearing house.
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In the case of any regulated activity which is carried on for the purposes of, or in connection with, the provision of clearing services, the reference to the FCA in section 375(1) is to be read as including a reference to the Bank.