# The Bank Insolvency (England and Wales) Rules 2009, Rule 16: Making, transmission and advertisement of order

Extent: E+W

(1) The court shall not make a bank insolvency order unless the person nominated to be appointed as the bank liquidator in the application for the order has filed in court a witness statement under rule 13.
(2) When the bank insolvency order has been made the court shall immediately send 5 sealed copies (or such larger number as the bank liquidator may have requested) to the bank liquidator.
(3) The court shall also, if practicable, immediately send a copy of the order to the bank liquidator electronically.
(4) The bank liquidator shall serve a sealed copy of the order on the bank at its registered office and, where the bank liquidator knows the bank’s email address, will send an electronic copy to the bank.
(5) The bank liquidator shall send 2 copies of the order—
(a) to the Bank of England, the appropriate regulator and the FSCS ...
(b) to the registrar of companies in accordance with section 130(1) of the 1986 Act (as applied by the 2009 Act) ;
(c) if there is in force for the bank a voluntary arrangement under Part 1 of the 1986 Act, the supervisor of that arrangement; and
(d) if an administrative receiver has been appointed in relation to the bank, that receiver,
in accordance with paragraph (5A);
(5A) 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.
(6) The bank liquidator—
(a) shall cause notice of the order to be gazetted as soon as reasonably practicable; and
(b) may advertise notice of the order in such other manner as the bank liquidator thinks fit.

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Source: https://www.legislation.gov.uk/uksi/2009/356/rule/16 (the official version)
Page: https://openlegislation.uk/bank-insolvency-england-and-wales-rules-2009/rule-16
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

