Rule 16 Notice of special administration orderI1

England and Wales

(1)

If the court makes a special administration order, it shall, as soon as reasonably practicable, send 3 sealed copies to the applicant.

(2)

The applicant shall as soon as reasonably practicable, send a sealed copy to—

(a)

the administrator; F1...

F2(b)

the FCA (if not the applicant); and

(c)

if the application relates to a PRA-authorised person, the PRA (if not the applicant).

(3)

If the court makes an order under regulation 7(1)(d), or any other order under regulation 7(1)(f), it shall give directions as to the persons to whom and how notice of that order is to be given.

Annotations

Textual amendments

F1: Word in art. 16(2)(a) omitted (1.4.2013) by virtue of The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013 (S.I. 2013/472), Sch. 2 para. 210(g)(i) (with Sch. 2 para. 211)
F2: Art. 16(2)(b)(c) substituted for art. 16(2)(b) (1.4.2013) by The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013 (S.I. 2013/472), Sch. 2 para. 210(g)(ii) (with Sch. 2 para. 211)

Commencement

I1: Rule 16 in force at 30.6.2011, see rule 2