The Bank Administration (Scotland) Rules 2009
PART 1
1Citation
2Commencement
3Extent
4Interpretation
5In these Rules— (a) “the FSCS” means the scheme manager...
6Overview
7Forms
PART 2
8Introduction
9Content of application
10If the bank has notified the Bank of England of...
11Statement of proposed bank administrator
12Lodging
13Service
14Service must be effected as soon as is reasonably practicable,...
15Other notification
16Notice of order
17The Bank of England shall as soon as is reasonably...
18Expenses
PART 3
19Introduction
20Bank administrator’s proposals: Objective 1 Stage
21Bank administrator’s proposals: Objective 2 Stage
22If the bank administrator thinks that the statement made under...
23Where the court orders an extension of the period of...
24Where the bank administrator has made a statement under paragraph...
25Where the bank administrator intends to apply to the court...
26(1) Any bank administrator who wishes to publish a notice...
27Reports to creditors
28A progress report must be produced for—
29(1) The bank administrator must send a copy of each...
30(1) A bank administrator who fails to comply with rule...
31Removal of bank administrator in Objective 1 Stage
32Appointment of provisional bank administrator
33(1) As soon as is reasonably practicable after appointment any...
34The Bank of England may disclose the fact and terms...
35Additional joint bank administrator
36End of administration: successful rescue
37End of administration: dissolution
38Proceedings under sections 213 and 214 of the Insolvency Act...
PART 4
39General application
40For that purpose the rules apply with—
41General modifications
42Table of applications and specific modifications

2009 No. 350 (S.4)

Banks And Banking, ScotlandBank Insolvency

The Bank Administration (Scotland) Rules 2009

Made

Laid before Parliament

Coming into force

The Treasury, in exercise of the powers conferred by section 411(1B)(b), (2), (2D) and (3) of the Insolvency Act 19861, make the following Rules.