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Regulation 45 Special administration order as an alternative order

Original text. Later amendments are not shown.

(1)

On the following the court may instead make a special administration order—

(a)

a petition for a winding-up order,

(b)

an application for a Schedule B1 administration order, or

(c)

an application for an order under regulation 5 of IBSAR 2011.

(2)

But a special administration order may be made under paragraph (1) only on the application of the FCA.