{
  "url": "https://openlegislation.uk/bank-administration-scotland-rules-2009/article-5",
  "json_url": "https://openlegislation.uk/bank-administration-scotland-rules-2009/article-5.json",
  "legislation": "uksi/2009/350",
  "legislation_title": "The Bank Administration (Scotland) Rules 2009",
  "legislation_url": "https://openlegislation.uk/bank-administration-scotland-rules-2009",
  "path": "article/5",
  "kind": "article",
  "number": "5",
  "heading": "Interpretation",
  "text": "In these Rules—\n(a) “the FSCS” means the scheme manager of the Financial Services Compensation Scheme (established under Part 15 of the Financial Services and Markets Act 2000);\n(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; and\n(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.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "2000 c.8."
    }
  ],
  "outstanding_effects": [
    {
      "type": "substituted for rule 5(e)",
      "affecting": "uksi/2013/472",
      "affecting_title": "The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013"
    },
    {
      "type": "words substituted",
      "affecting": "uksi/2013/472",
      "affecting_title": "The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013"
    },
    {
      "type": "word omitted",
      "affecting": "uksi/2010/2578",
      "affecting_title": "The Bank Administration (Scotland) (Amendment) Rules 2010"
    },
    {
      "type": "full stop omitted",
      "affecting": "uksi/2010/2578",
      "affecting_title": "The Bank Administration (Scotland) (Amendment) Rules 2010"
    },
    {
      "type": "inserted",
      "affecting": "uksi/2010/2578",
      "affecting_title": "The Bank Administration (Scotland) (Amendment) Rules 2010"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2009/350/article/5",
    "retrieved_at": "2026-10-29T03:17:39.399532+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}