Article 41 Appointment of provisional bank administratorI1

Northern Ireland

The application must be supported by a witness statement stating—

(a)

why the Bank of England thinks that a provisional bank administrator should be appointed;

(b)

that the person to be appointed has consented to act;

(c)

that the person to be appointed is qualified to act as an insolvency practitioner; and

(d)

the Bank of England’s estimate of the value of the assets in respect of which the provisional bank administrator is to be appointed.

Annotations