{
  "url": "https://openlegislation.uk/investment-bank-special-administration-regulations-2011/regulation-20",
  "json_url": "https://openlegislation.uk/investment-bank-special-administration-regulations-2011/regulation-20.json",
  "legislation": "uksi/2011/245",
  "legislation_title": "The Investment Bank Special Administration Regulations 2011",
  "legislation_url": "https://openlegislation.uk/investment-bank-special-administration-regulations-2011",
  "path": "regulation/20",
  "kind": "regulation",
  "number": "20",
  "heading": "Successful rescue",
  "text": "(1) This regulation applies if the administrator has pursued the first part of Objective 3 (as set out in regulation 10(1)(c)(i)) and thinks that it has been sufficiently achieved.\n(2) The administrator shall make an application under paragraph 79 of Schedule B1 (as applied by regulation 15).\n(3) An administrator who makes an application in accordance with paragraph (2) must send a copy to the FCA and, where the investment bank concerned is a PRA-authorised person, the PRA.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in reg. 20(3) 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(n) (with Sch. 2 para. 213)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2011/245/regulation/20",
    "retrieved_at": "2026-10-29T02:18:26.781233+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}