Article 377 Authorised deposit-takers and former authorised deposit-takersI1

United Kingdom

(1)

The Insolvency Rules 1986 are amended as follows.

(2)

In Rule 2.7 (Manner in which service to be effected), for paragraph (4A)(a)^f1 substitute—

“(a)

is an authorised deposit-taker or former authorised deposit-taker,”.

(3)

In Rule 4.1 (Voluntary winding up; winding up by the court), in paragraph (1)(b)^f2, for “authorised institutions or former authorised institutions within the meaning of the Banking Act 1987” substitute “authorised deposit-takers or former authorised deposit-takers”.

(4)

In Rule 4.7 (Presentation and filing of petition), in paragraph (4)(e)^f3 for “an authorised institution or former authorised institution within the meaning of the Banking Act 1987” substitute “an authorised deposit-taker or a former authorised deposit-taker”.

(5)

In Rule 4.50 (First meetings (No CVL Application)), in paragraph (8)^f4 for “an authorised institution or former authorised institution within the meaning of the Banking Act 1987” substitute “an authorised deposit-taker or a former authorised deposit-taker”.

(6)

In Rule 4.51, in paragraph (3)^f5 for “an authorised institution or former authorised institution within the meaning of the Banking Act 1987” substitute “an authorised deposit-taker or a former authorised deposit-taker”.

(7)

In Rule 4.72 (Additional provisions as regards certain meetings) in paragraph (1)^f6 for “an authorised institution or former authorised institution within the meaning of the Banking Act 1987” substitute

“an “authorised deposit-taker or a former authorised deposit-taker””.

Annotations

Commencement

I1: Art. 377 in force at 1.12.2001, see art. 1

Footnotes

f1: Paragraph (4A) was inserted by S.I. 1987/1919
f2: Subparagraph (1)(b) was amended by S.I. 1998/1129, article 2, Schedule 1, paragraph 4.
f3: Subparagraph (4)(e) was amended by S.I. 1987/1919, rule 3(1), Schedule, Part 1, paragraph 36 and by S.I. 1998/1129, article 2, Schedule 1, paragraph 4.
f4: Paragraph (8) was amended by S.I. 1987/1919, rule 3(1), Schedule, Part 1, paragraph 50.
f5: Paragraph (3) was amended by S.I. 1987/1919, rule 3(1), Schedule, Part 1, paragraph 51.
f6: Paragraph (1) of rule 4.72 was amended by S.I. 1987/1919, rule 3(1), Schedule, Part I, paragraph 36.