Rule 16 Amendments to the Bank Insolvency (England and Wales) Rules 2009

In rule 22—

(a)

in paragraph (3), for “sealed copy”, substitute “copy”;

(b)

in paragraph (5)—

(i)

for “a sealed copy ”, substitute “2 copies”,

(ii)

in sub-paragraph (a), omit “(electronically or otherwise), and”,

(iii)

at the end of sub-paragraph (b), omit “and”, and

(iv)

at the end of sub-paragraph (c) substitute a semicolon for the full stop and add “and”; and

(v)

after sub-paragraph (c), add—

“(d)
if there is in force for the bank a voluntary arrangement under Part 1 of the 1986 Act, the supervisor of that arrangement,

in accordance with paragraph (6).”; and

(c)

after paragraph (5), insert—

“(6)
One copy shall be sent electronically as soon as practicable and the other (a sealed copy) shall be sent by first class post on the business day on which the order is served on the bank.”.