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Rule 149 Final progress report

Original text. Later amendments are not shown.

“Final progress report” means a progress report which includes a summary account of—

(a)

the administrator’s original proposals (including whether the FSA has given a direction under regulation 16 and whether that direction has been withdrawn);

(b)

any major changes to, or deviations from, those proposals in the course of the special administration;

(c)

the steps taken during the special administration, including in a special administration (bank insolvency) or a special administration (bank administration), the steps taken to achieve Objective A; and

(d)

the outcome.