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Rule 5 Interpretation

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

In these Rules—

(a)

“the FSCS” means the scheme manager of the Financial Services Compensation Scheme (established under Part 15 of the Financial Services and Markets Act 2000f1),

(b)

“the Objective 1 Stage” means the period during which a bank administration order is in force before the Bank of England gives an Objective 1 Achievement Notice,

(c)

“the Objective 2 Stage” means the period during which a bank administration order is in force after the Bank of England gives an Objective 1 Achievement Notice,

(d)

a reference to personal service is a reference to personal service in accordance with Part 6 of the Civil Procedure Rules 1998f2,

(e)

a reference to the CPR is to the Civil Procedure Rules 1998, and

(f)

a reference to a witness statement (including a reference implied by the application of an enactment) is a reference to a witness statement—

(i)

verified by a statement of truth in accordance with Part 22 of the CPR, and

(ii)

if made by a bank administrator, stating that the statement is made in that capacity and giving the address at which the bank administrator works.

Annotations

Footnotes

f1

2000 c. 8.

f2

S.I. 1998/3132.