Part 2Bank Insolvency
Bank insolvency order
95Application
1
An application for a bank insolvency order may be made to the court by—
a
the Bank of England,
b
the FSA, or
c
the Secretary of State.
2
An application must nominate a person to be appointed as the bank liquidator.
3
The bank must be given notice of an application, in accordance with rules under section 411 of the Insolvency Act 1986 (as applied by section 125 below).