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Regulation 19 Appropriate regulator direction withdrawnF3

(1)

This regulation applies if, after the administrator's statement of proposals has been agreed with the F1regulator which gave the direction under regulation 16 or the court has made an order dispensing with the need for agreement under regulation 17, the F2... direction is then withdrawn.

(2)

If the administrator proposes a revision to the statement of proposals and the administrator thinks that the proposed revision is substantial, then paragraphs 54 and 55 of Schedule B1 (as applied by regulation 15) apply.

Annotations

Textual amendments

F1

Words in reg. 19(1) substituted (1.4.2013) by The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013 (S.I. 2013/472), art. 1(1), Sch. 2 para. 198(m)(ii)(aa) (with Sch. 2 para. 213)

F2

Word in reg. 19(1) omitted (1.4.2013) by virtue of The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013 (S.I. 2013/472), art. 1(1), Sch. 2 para. 198(m)(ii)(bb) (with Sch. 2 para. 213)

F3

Words in reg. 19 heading substituted (1.4.2013) by The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013 (S.I. 2013/472), art. 1(1), Sch. 2 para. 198(m)(i) (with Sch. 2 para. 213)