{
  "url": "https://openlegislation.uk/banking-act-2009/section-90",
  "json_url": "https://openlegislation.uk/banking-act-2009/section-90.json",
  "legislation": "ukpga/2009/1",
  "legislation_title": "Banking Act 2009",
  "legislation_url": "https://openlegislation.uk/banking-act-2009",
  "path": "section/90",
  "kind": "section",
  "number": "90",
  "heading": "Overview",
  "text": "(1) This Part provides for a procedure to be known as bank insolvency.\n(2) The main features of bank insolvency are that—\n(a) a bank enters the process by court order,\n(b) the order appoints a bank liquidator,\n(c) the bank liquidator aims to arrange for the bank's eligible depositors to have their accounts transferred or to receive their compensation from the FSCS,\n(d) the bank liquidator then winds up the bank, and\n(e) for those purposes, the bank liquidator has powers and duties of liquidators, as applied and modified by the provisions of this Part.\n(3) The Table describes the provisions of this Part.\nSectionsTopic\nSections 90 to 93Introduction\nSections 94 to 98Bank insolvency order\nSections 99 to 105Process of bank liquidation\nSections 106 to 112Tenure of bank liquidator\nSections 113 to 116Termination of process, &c.\nSections 117 to 122Other processes\nSections 123 to 135Miscellaneous",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "S. 90 in force at 21.2.2009 by S.I. 2009/296, art. 3, Sch. para. 2"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2009/1/section/90",
    "retrieved_at": "2026-10-28T17:04:42.090395+00:00",
    "licence": "OGL-UK-3.0",
    "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
    "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
  }
}