# The Banks (Former Authorised Institutions) (Insolvency) Order 2006, Paragraph 4


For paragraph 12(1) there is substituted—
“12. (1) An application to the court for an administration order in respect of a company (“an administration application”) may be made only by—
(a) the company,
(b) the directors of the company,
(c) one or more creditors of the company,
(d) the Financial Services Authority,
(e) the designated officer for a magistrates’ court in exercise of the power conferred by section 87A of the Magistrates’ Courts Act 1980 (c.43) (fine imposed on company), or
(f) a combination of persons listed in paragraphs (a) to (e).
(1A) Where an administration application is made to which the Financial Services Authority is not a party, the applicant shall, as soon as is reasonably practicable after the making of the application give notice of the making of the application to the Financial Services Authority.”.

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Source: https://www.legislation.gov.uk/uksi/2006/3107/schedule/paragraph/4 (the official version)
Page: https://openlegislation.uk/banks-former-authorised-institutions-insolvency-order-2006/schedule/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

