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The Investment Bank Special Administration (England and Wales) Rules 2011

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Application to court by creditor

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222.—(1) Where a creditor applies to the court to end the special administration a copy of the application shall be served on—

(a)the administrator;

(b)the person who made the application for the special administration order; and

(c)the FSA.

(2) Service shall be effected not less than 5 business days before the date fixed for the hearing.

(3) The persons in paragraph (1) may appear at the hearing of the application.

(4) Where the court makes an order to end the special administration, the court shall send a copy of the order to the administrator.

(5) This rule does not apply in a special administration (bank insolvency) or a special administration (bank administration).

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