OpenLegislation

Article 13 Service

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

The Bank of England shall serve the application—

(a)

on the bank;

(b)

on the person (or each of the persons) nominated for appointment as bank administrator;

(c)

on any person whom the Bank of England knows to be entitled to appoint an administrator under paragraph 14 of Schedule B1 to the 1986 Act or a receiver of the whole (or substantially the whole) of the bank’s property;

(d)

on any person who has given notice to the FSA in respect of the bank under section 120 of the 2009 Act (bank insolvency: notice of preliminary steps of other insolvency procedures); and

(e)

if a property transfer instrument was made or is to be made under section 11(2)(b) of the 2009 Act (transfer to commercial purchaser), on each transferee as referred to in that instrument.