{
  "url": "https://openlegislation.uk/banking-act-2009/section-97",
  "json_url": "https://openlegislation.uk/banking-act-2009/section-97.json",
  "legislation": "ukpga/2009/1",
  "legislation_title": "Banking Act 2009",
  "legislation_url": "https://openlegislation.uk/banking-act-2009",
  "path": "section/97",
  "kind": "section",
  "number": "97",
  "heading": "Grounds for making",
  "text": "(1) The court may make a bank insolvency order on the application of the Bank of England or the PRA if satisfied—\n(a) that the bank has eligible depositors, and\n(b) that Ground A or C of section 96 applies.\n(2) The court may make a bank insolvency order on the application of the Secretary of State if satisfied—\n(a) that the bank has eligible depositors, and\n(b) that Grounds B and C of section 96 apply.\n(3) On an application for a bank insolvency order the court may—\n(a) grant the application in accordance with subsection (1) or (2),\n(b) adjourn the application (generally or to a specified date), or\n(c) dismiss the application.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Word in s. 97(1) substituted (1.4.2013) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 17 para. 34 (with Sch. 20); S.I. 2013/423, art. 3, Sch."
    },
    {
      "type": "I",
      "label": "I1",
      "text": "S. 97 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/97",
    "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."
  }
}