{
  "url": "https://openlegislation.uk/insolvency-rules-1986/rule-4.72",
  "json_url": "https://openlegislation.uk/insolvency-rules-1986/rule-4.72.json",
  "legislation": "uksi/1986/1925",
  "legislation_title": "The Insolvency Rules 1986",
  "legislation_url": "https://openlegislation.uk/insolvency-rules-1986",
  "path": "rule/4.72",
  "kind": "rule",
  "number": "4.72",
  "heading": "Additional provisions as regards certain meetings",
  "text": "(1) This Rule applies where a company goes, or proposes to go, into liquidation and it is an “authorised deposit-taker or a former authorised deposit-taker”.\n(2) Notice of any meeting of the company at which it is intended to propose a resolution for its winding up shall be given by the directors to the Financial Services Authority and to the scheme manager established under section 212(1) of the Financial Services and Markets Act 2000.\n(3) Notice to the Authority and the scheme manager shall be the same as given to members of the company.\n(4) Where a creditors' meeting is summoned by the liquidator under section 95 or, in a creditors' voluntary winding up, is summoned under section 98, the same notice of the meeting must be given to the Authority and the scheme manager as is given to creditors under Rule 4.51-CVL.\n(5) Where the company is being wound up by the court, notice of the first meetings of creditors and contributories shall be given to the Authority and the scheme manager by the official receiver.\n(6) Where in the winding up (whether voluntary or by the court) a meeting of creditors or contributories or of the company is summoned for the purpose of—\n(a) receiving the liquidator's resignation, or\n(b) removing the liquidator, or\n(c) appointing a new liquidator,\nthe person summoning the meeting and giving notice of it shall also give notice to the Authority and the scheme manager.\n(7) The scheme manager is entitled to be represented at any meeting of which it is required by this Rule to be given notice; and Schedule 1 to the Rules has effect with respect to the voting rights of the scheme manager at such a meeting.",
  "extent": "E+W",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in rule. 4.72(1) substituted (1.12.2001) by The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001 (S.I. 2001/3649), arts. 1, 377(7)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in rule. 4.72(2) substituted (1.6.1998) by The Bank of England Act 1998 (Consequential Amendments of Subordinate Legislation) Order 1998 (S.I. 1998/1129), art. 1, Sch. 1 para. 4(5)(a)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in rule. 4.72(2) substituted (1.12.2001) by The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001 (S.I. 2001/3649), arts. 1, 378(2)(a)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Word in rule. 4.72(3)(4)(5)(6) substituted (1.6.1998) by The Bank of England Act 1998 (Consequential Amendments of Subordinate Legislation) Order 1998 (S.I. 1998/1129), art. 1, Sch. 1 para. 4(5)(b)"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Words in rule. 4.72(3)(4)(5)(6)(7) substituted (1.12.2001) by The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001 (S.I. 2001/3649), arts. 1, 378(2)(b)"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "Rule 4.72 in force at 29.12.1986, see rule 0.1"
    }
  ],
  "outstanding_effects": [
    {
      "type": "substituted for rule 4.54(5)",
      "affecting": "uksi/2010/686",
      "affecting_title": "The Insolvency (Amendment) Rules 2010"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1986/1925/rule/4.72",
    "retrieved_at": "2026-10-29T16:38:55.219722+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}