# The Banking Act 2009 (Parts 2 and 3 Consequential Amendments) Order 2009, Article 4: Finance (No 2) Act 1992


(1) The following provision of the Finance (No 2) Act 1992 applies with the modification set out in this article.
(2) Paragraph 2 of Schedule 12 (Banks etc. in Compulsory Liquidation) is to be read as if it included the following—
“(3A) Where the company is a bank (as defined in section 91 of the Banking Act 2009), bank insolvency proceedings shall be taken to have commenced against the bank when the application for a bank insolvency order is made to the court under section 95 of the Banking Act 2009.”.

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Source: https://www.legislation.gov.uk/uksi/2009/317/article/4 (the official version)
Page: https://openlegislation.uk/banking-act-2009-parts-2-and-3-consequential-amendments-order-2009/article-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

