The Bank Insolvency (England and Wales) Rules 2009 No. 356

PART 4 STATEMENT OF AFFAIRS AND OTHER INFORMATION

Notice requiring statement of affairs

27.—(1) Apply rule 4.32 of the 1986 Rules. For “official receiver”, substitute “Bank of England”.

(2) In paragraph (3), for “Chapter” substitute “Part”.

Verification and filing

28.—(1) Apply rule 4.33 of the 1986 Rules.

(2) For paragraph (6), substitute—

“(6) The bank liquidator shall file the statement of affairs in court and shall send a copy of it to the registrar of companies.”

(3) Ignore paragraph (7).

Limited disclosure

29.—(1) Apply rule 4.35 of the 1986 Rules. In paragraph (1), for “official receiver”, substitute “Bank of England”.

(2) After paragraph (1), insert—

“(1A) The Bank of England may also apply to the court for an order of limited disclosure in respect of those depositors of the bank who, at the time of the making of the statement of affairs, still have a claim against the bank in respect of their deposits.”

Release from duty to submit statement of affairs; extension of time

30.  Apply rule 4.36 of the 1986 Rules(1). For “official receiver” substitute “bank liquidator.”

Expenses of statement of affairs

31.  Apply rule 4.37 of the 1986 Rules(2).For “official receiver”, substitute “Bank of England”.

Submission of accounts

32.  Apply rule 4.39 of the 1986 Rules. For “official receiver”, substitute “Bank of England”.

Further disclosure

33.  Apply rule 4.42 of the 1986 Rules. For “official receiver”, substitute “Bank of England”.

(1)

Paragraph (7) was amended by S.I. 2008/737.

(2)

Rule 4.37 was amended by S.I. 2008/737.