Article 10 Order sanctioning business transfer scheme

(1)

Paragraph (2) applies if, before the commencement date—

(a)

the court made an order under section 112(1)^f1 (effect of order sanctioning business transfer scheme); and

(b)

the transferee did not deposit two office copies of the order with the Authority for the purposes of section 112(10).

(2)

The office copies are to be deposited with the PRA, if the PRA would have been the appropriate regulator (within the meaning of section 103A) had the order been made on the commencement date.

Annotations

Footnotes

f1: Section 112 is amended by the 2012 Act, Schedule 6, paragraph 5.