PART 2Application for Order
CHAPTER 2Application for a special administration (bank insolvency) order
Order of appointment32
1
The order of appointment shall specify the functions to be carried out by the person appointed under rule 30 in relation to the investment bank’s affairs.
2
The court shall, immediately after the order is made, send 4 sealed copies of the order (or such larger number as the person appointed may have requested), to the person appointed.
3
The court shall also, if practicable, immediately send a copy of the order to the person appointed electronically.
4
The person appointed shall serve a sealed copy of the order on the investment bank at its registered office and, where they know the investment bank’s email address, will send an electronic copy to the investment bank.
5
The person appointed shall send 2 copies of the order—
a
to the Bank of England, the FSA, and the FSCS; and
b
if there is in force for the investment bank a voluntary arrangement under Part 1 of the 1986 Act, the supervisor of that arrangement,
in accordance with paragraph (6).
6
One copy shall be sent electronically as soon as reasonably practicable and the other (a sealed copy) shall be sent by first class post of the business day on which the order is served on the investment bank.
7
The person appointed shall also send notice of the appointment to the registrar of companies.