Building society special administrator’s proposals: Objective 2 Stage
This section has no associated Explanatory Memorandum
30. If the special administrator thinks that the statement made under section 147 of the Banking Act 2009 in accordance with Rule 28 contains information required by Rule 29(2), the statement under paragraph 49 of Schedule B1 to the Insolvency Act 1986 (as applied by Table 1 in section 145(6) of the Banking Act 2009) may consist of the statement under section 147, with such additions, modifications and supplemental information as the special administrator thinks necessary—
(a)to comply with Rule 29(2), and
(b)to bring the statement under section 147 up to date.