Rule 25 Witness statement in oppositionI1

If the investment bank intends to oppose an application, it may (but need not) file a witness statement in opposition in court.

A statement under paragraph (1) must be filed before the hearing of the application and a copy must be served on the applicant, before the hearing.

The statement may be served on the applicant by personal service or by electronic means.

The statement should also be sent to the persons in rule 20(1) before the hearing by personal service or by electronic means.

The fact that the investment bank has not filed a statement under this rule shall not prevent it being heard at the hearing.