Rule 47 Notice of orderI1
England and Wales
(1)
If the court makes a special administration (bank administration) order, it shall send 4 sealed copies to the Bank of England.
(2)
The Bank of England shall as soon as is reasonably practicable send—
(a)
a sealed copy to the administrator;
F1(b)
a sealed copy to the FCA;
(ba)
if the investment bank concerned is a PRA-authorised person, a sealed copy to the PRA;
(c)
a sealed copy to the FSCS.
Annotations
Textual amendments
- F1
Art. 47(2)(b)(ba) substituted for art. 47(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(m) (with Sch. 2 para. 211)