# The Financial Services Act 2012 (Transitional Provisions) (Miscellaneous Provisions) Order 2013, Article 48: Administrator appointed by company or directors


(1) Paragraph (2) applies if, before the commencement date—
(a) the Authority had consented for the purposes of section 362A(2) (requirement for consent to the appointment of an administrator) to the appointment of an administrator; and
(b) an administrator had not been appointed.
(2) If the appointment relates to the administration of a company or partnership which is, on the commencement date, a PRA-regulated person within the meaning of section 355, the consent is to be treated as if it had been given by the PRA.

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Source: https://www.legislation.gov.uk/uksi/2013/442/article/48 (the official version)
Page: https://openlegislation.uk/financial-services-act-2012-transitional-provisions-miscellaneous-provisions-order-2013/article-48
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.