Article 41 General modifications

The general modifications are that—

(a)

a reference to an administrator or a liquidator is to be treated as a reference to a bank administrator;

(b)

a reference to administration or liquidation is to be treated as a reference to bank administration;

(c)

a reference to a provisional liquidator is to be treated as a reference to a provisional bank administrator;

(d)

a reference to a winding-up order is to be treated as a reference to a bank administration order;

(e)

a reference to a petition for a winding-up order is to be treated as a reference to an application for a bank administration order;

(f)

a reference to insolvency proceedings is to be treated as a reference to bank administration (or proceedings for bank administration);

(g)

a reference to the responsible insolvency practitioner is to be treated as a reference to the bank administrator or provisional bank administrator;

(h)

all references to the EC Regulation or to the appointment of a member State liquidator are to be ignored;

(i)

a reference to the company is to be treated as a reference to the bank;

(j)

a reference in the rules to a paragraph of Schedule B1 to the 1986 Act is to be treated as a reference to that paragraph as applied and modified by section 145 of the 2009 Act; and

(k)

a reference to the 1986 Act includes a reference to Part 3 of the 2009 Act.