Regulation 45 Special administration order as an alternative orderI1
United Kingdom
(1)
On the following the court may instead make a special administration order—
(a)
a petition for a winding-up order,
(b)
an application for a Schedule B1 administration order, or
(c)
an application for an order under regulation 5 of IBSAR 2011.
(2)
But a special administration order may be made under paragraph (1) only on the application of the FCA.
Annotations
Commencement
- I1
Reg. 45 in force at 8.7.2021, see reg. 2