Paragraph 15 Ending of special administration (bank administration) (rescue)
(1)
This regulation applies if—
(a)
the Bank of England has given an Objective A Achievement Notice; and
(b)
the administrator has pursued the first part of Objective 3 (as set out in regulation 10(1)(c)(i)) and thinks that it has been sufficiently achieved.
(2)
The administrator shall make an application under paragraph 79 of Schedule B1 (as applied by regulation 15).
(3)
An administrator who makes an application in accordance with sub-paragraph (2) must send a copy to the FSA.