OpenLegislation

Article 10 Other persons to receive copy of applicationI1

Northern Ireland

(1)

The applicant shall send a sealed copy of the application to—

(a)

the proposed bank liquidator;

(b)

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

F1(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)

any person who has given notice to the F2Financial 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 II of the Order, 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)

One copy shall be sent electronically as soon as practicable and the other 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

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), Sch. 2 para. 154(b)

F2

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), Sch. 2 para. 154(c)

Commencement

I1

Rule 10 in operation at 1.4.2009, see rule 1(1)