PART 3Process of Special Administration
CHAPTER 1Notice of appointment and statement of affairs
Notification and advertisement of administrator’s appointment51
1
The notice of appointment to be given by the administrator as soon as reasonably practicable after appointment under paragraph 46(2)(b)—
a
shall be gazetted; and
b
may be advertised in such other manner as the administrator thinks fit.
2
In addition to the standard contents, the notice must state that an administrator has been appointed and the date of the appointment.
3
The administrator shall as soon as practicable after appointment give notice of the appointment to—
a
any enforcement officer who, to the administrator’s knowledge, is charged with execution or other legal process against the investment bank;
b
any person who, to the administrator’s knowledge, has distrained against the investment bank; and
c
any supervisor of a voluntary arrangement under Part 1 of the 1986 Act.
4
The administrator shall send the notice of appointment to the registrar of companies within 7 days of the date of the order appointing them.
5
Any notice required to be sent by the administrator under these Rules or under Schedule B1 must contain—
a
details of the court where the proceedings are and the relevant court reference number;
b
the full name, registered address and registered number of the investment bank; and
c
the name and business address of the person or persons appointed as administrator and the date of their appointment.