OpenLegislation

Rule 213 Application to replace (special administration (bank insolvency))I1

England and Wales

(1)

This rule applies in a special administration (bank insolvency) before the Objective A committee has passed a full payment resolution.

(2)

Where there is a vacancy in office the Bank of England must appoint a replacement administrator as soon as reasonably practicable.

(3)

The rules for the appointment of an administrator in Chapter 2 of Part 2 shall apply to the appointment of a replacement administrator.

Annotations

Commencement

I1

Rule 213 in force at 30.6.2011, see rule 2