{
  "url": "https://openlegislation.uk/banks-former-authorised-institutions-insolvency-order-2006/schedule/paragraph-5",
  "json_url": "https://openlegislation.uk/banks-former-authorised-institutions-insolvency-order-2006/schedule/paragraph-5.json",
  "legislation": "uksi/2006/3107",
  "legislation_title": "The Banks (Former Authorised Institutions) (Insolvency) Order 2006",
  "legislation_url": "https://openlegislation.uk/banks-former-authorised-institutions-insolvency-order-2006",
  "path": "schedule/paragraph/5",
  "kind": "paragraph",
  "number": "5",
  "heading": null,
  "text": "For paragraph 22 there is substituted—\n“22. (1) Subject as set out in this paragraph—\n(a) a company may appoint an administrator; and\n(b) the directors of a company may appoint an administrator .\n(2) An administrator may not be appointed under this paragraph without the consent in writing of the Financial Services Authority.\n(3) The written consent under paragraph (2) must be filed in court—\n(a) at the same time that any notice of intention to appoint under paragraph 26 is filed in court pursuant to paragraph 27; or\n(b) where no such notice of intention to appoint is required to be given, at the same time that notice of appointment is filed under paragraph 29.”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [
    {
      "type": "words inserted",
      "affecting": "uksi/2018/208",
      "affecting_title": "The Small Business, Enterprise and Employment Act 2015 (Consequential Amendments, Savings and Transitional Provisions) Regulations 2018"
    },
    {
      "type": "omitted",
      "affecting": "uksi/2019/1058",
      "affecting_title": "The Small Business, Enterprise and Employment Act 2015 (Consequential Amendments, Savings and Transitional Provisions) Regulations 2019"
    },
    {
      "type": "words substituted",
      "affecting": "uksi/2013/472",
      "affecting_title": "The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013"
    },
    {
      "type": "words substituted",
      "affecting": "uksi/2013/472",
      "affecting_title": "The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013"
    },
    {
      "type": "words substituted",
      "affecting": "uksi/2013/472",
      "affecting_title": "The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013"
    },
    {
      "type": "words substituted",
      "affecting": "uksi/2013/472",
      "affecting_title": "The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013"
    },
    {
      "type": "words omitted",
      "affecting": "uksi/2013/472",
      "affecting_title": "The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013"
    },
    {
      "type": "words substituted",
      "affecting": "uksi/2013/472",
      "affecting_title": "The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013"
    },
    {
      "type": "words substituted",
      "affecting": "uksi/2013/472",
      "affecting_title": "The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013"
    },
    {
      "type": "words substituted",
      "affecting": "uksi/2013/472",
      "affecting_title": "The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013"
    },
    {
      "type": "words inserted",
      "affecting": "uksi/2018/208",
      "affecting_title": "The Small Business, Enterprise and Employment Act 2015 (Consequential Amendments, Savings and Transitional Provisions) Regulations 2018"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2006/3107/schedule/paragraph/5",
    "retrieved_at": "2026-10-29T04:15:45.832333+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "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."
}