Rule 10 Other persons to receive copy of applicationI1

England and Wales

(1)

The applicant shall F1send 2 copies of the application to—

(a)

the proposed bank liquidator,

(b)

the Bank of England, (if it is not the applicant,)

F2(c)

the Financial Conduct Authority, (if it is not the applicant);

(ca)

if the bank is a PRA-authorised person (within the meaning of the Financial Services and Markets Act 2000) and the applicant is not the Prudential Regulation Authority, that Authority;

(d)

the FSCS,

(e)

F3... any person who has given notice to the F4Financial Conduct Authority or the Prudential Regulation Authority in respect of the bank under section 120 of the Banking Act 2009,

(f)

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

(g)

if an administrative receiver has been appointed in relation to the bank, that receiver,

in accordance with paragraph (2).

(2)

F5one copy shall be sent electronically as soon as practicable and the other F6(a sealed copy) shall be sent by first class post on the business day on which the application is served on the bank.

(3)

Any of the persons in sub-paragraph (1) will have the right to attend and be heard at the hearing of the application.

Annotations

Textual amendments

F1: Words in rule 10(1) substituted (15.11.2010) by The Bank Insolvency (England and Wales) (Amendment) Rules 2010 (S.I. 2010/2579), rules 1, 8(a)(i)
F2: Rule 10(1)(c)(ca) substituted for rule 10(1)(c) (1.4.2013) by The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013 (S.I. 2013/472), art. 1(1), Sch. 2 para. 163(b)(i)
F3: Word in rule 10(1)(e) omitted (15.11.2010) by virtue of The Bank Insolvency (England and Wales) (Amendment) Rules 2010 (S.I. 2010/2579), rules 1, 8(a)(ii)
F4: Words in rule 10(1)(e) substituted (1.4.2013) by The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013 (S.I. 2013/472), art. 1(1), Sch. 2 para. 163(b)(ii)
F5: Word in rule 10(2) substituted (15.11.2010) by The Bank Insolvency (England and Wales) (Amendment) Rules 2010 (S.I. 2010/2579), rules 1, 8(b)
F6: Words in rule 10(2) inserted (15.11.2010) by The Bank Insolvency (England and Wales) (Amendment) Rules 2010 (S.I. 2010/2579), rules 1, 8(b)

Commencement

I1: Rule 10 in force at 25.2.2009, see rule 1