# The Bank Administration (Scotland) Rules 2009, Article 5: Interpretation


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 2000);
(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
(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.

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Source: https://www.legislation.gov.uk/uksi/2009/350/article/5 (the official version)
Page: https://openlegislation.uk/bank-administration-scotland-rules-2009/article-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.