OpenLegislation

Rule 158 Application for leave under section 216(3) of the 1986 Act

Original text. Later amendments are not shown.

When considering an application for leave under section 216(3) of the 1986 Act, the court may call on the administrator or any former administrator of the investment bank for a report of the circumstances in which that investment bank became insolvent, and the extent (if any) of the applicant’s apparent responsibility for its doing so.