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Rule 45 Appointment of provisional bank administrator

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

As soon as is reasonably practicable after appointment a provisional bank administrator must send a copy of the order of appointment to—

(a)

the bank,

(b)

the FSA, and

(c)

the registrar of companies (together with the form specified in Rule 4.26(3)(ii) of the Insolvency Rules 1986, with such variations, if any, as the circumstances may require).

(2)

Notice to the bank must be given by service in accordance with Rule 18 above.