# The Payment and Electronic Money Institution Insolvency (Scotland) Rules 2022, Rule 138: Application to replace

Extent: S

(1) Where an application is made to court under paragraph 91(1) to appoint a replacement administrator, the application must be accompanied by a written statement by the person proposed to be the replacement administrator.
(2) The written statement must be in accordance with rule 7.
(3) A copy of the application must be served on the following—
(a) the person who made the application for a special administration order,
(b) the institution (if neither the institution nor its directors are the applicant),
(c) the person nominated for appointment as administrator,
(d) the FCA (if not the applicant),
(e) the Keeper of the Register of Inhibitions and Adjudications for recording in that register.
(4) Service of the application under this rule shall be the same as service of an application for a special administration order.
(5) Rule 14 shall apply to the notice of appointment of a replacement administrator as it applies to notice of a special administration order.

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Source: https://www.legislation.gov.uk/uksi/2022/1239/rule/138 (the official version)
Page: https://openlegislation.uk/payment-and-electronic-money-institution-insolvency-scotland-rules-2022/rule-138
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.