This section has no associated Explanatory Memorandum
25. Rule 2.98 (notice of declaration of dividend) has effect as if—U.K.
(a)the persons who are entitled to receive notice under paragraph (1) included—
(i)every member-depositor; and
(ii)the FCA; and
(b)paragraph (2)—
(i)required that notice to give particulars of any distribution to member-depositors; and
(ii)provided that the member-depositors are unsecured creditors for the purpose of sub-paragraph (c).