Rule 48 Remuneration of the administratorI1
England and Wales
As soon as practicable after the making of a special administration (bank administration) order, the Bank of England shall fix the terms on which, in accordance with rule 196, the administrator is to be remunerated in respect of—
(a)
work done by the administrator in pursuit of Objective A; and
(b)
work done by the administrator in pursuit of Objectives 2 and 3 of the special administration objectives.