Article 14 Amendments to the Bank Administration (England and Wales) Rules 2009

In rule 45—

(a)

in paragraph (1)—

(i)

after sub-paragraph (a) insert—

“(aa)
any administrative receiver of the bank,”,

(ii)

in sub-paragraph (b), omit “and”, and

(iii)

after sub-paragraph (b), insert—

“(ba)
the FSCS, and”; and

(b)

after paragraph (2), insert—

“(3)
Unless the court otherwise directs, on receipt of the order of appointment, as soon as reasonably practicable, the provisional bank administrator shall give notice of that appointment. Such notice—

(a)
shall be gazetted; and

(b)
may be advertised in such other manner as the provisional bank administrator thinks fit.”.