# The Investment Bank Special Administration (Scotland) Rules 2011, Rule 143: Application to replace (special administration (bank insolvency))


(1) This rule applies in a special administration (bank insolvency) before the Objective A committee has passed a full payment resolution.
(2) Where there is a vacancy in the office of administrator the Bank of England must appoint a replacement administrator as soon as reasonably practicable.
(3) The rules for the appointment of an administrator in Chapter 2 of Part 2 shall apply to the appointment of a replacement administrator.

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Source: https://www.legislation.gov.uk/uksi/2011/2262/rule/143 (the official version)
Page: https://openlegislation.uk/investment-bank-special-administration-scotland-rules-2011/rule-143
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

