Article 11 Appointment of provisional bank liquidator

This rule applies after an application for a bank insolvency order has been made under Part 2 of these Rules and Part VII of Chapter 74 of the Court of Session Rules^f1 and before that order is made.

Apply rule 4.1 of the 1986 Rules.

For rule 4.1(1) substitute–

“(1)

An application to the court for the appointment of a provisional bank liquidator under section 135 of the 1986 Act may be made–

(a)

by the Bank of England;

(b)

by the FSA, with the consent of the Bank of England; or

(c)

by the Secretary of State.”.