# The Payment and Electronic Money Institution Insolvency (Scotland) Rules 2022, Rule 15: Notification and advertisement of administrator’s appointment

Extent: S

(1) The notice of appointment under paragraph 46(2)(b) to be given by the administrator as soon as is reasonably practicable after appointment—
(a) must be gazetted,
(b) may be advertised in such other manner as the administrator thinks fit.
(2) In addition to the standard contents, the notice must state that an administrator has been appointed and the date of the appointment.
(3) The administrator must as soon as is reasonably practicable after appointment give notice of the appointment to—
(a) any messenger-at-arms or sheriff officer who, to the administrator’s knowledge, is charged with executing diligence or other legal process against the institution,
(b) any person who, to the administrator’s knowledge, has executed diligence or other legal process against the institution,
(c) the Keeper of the Register of Inhibitions and Adjudications,
(d) any supervisor of a voluntary arrangement under Part 1 of the IA 1986.
(4) The administrator must send the notice of appointment to the registrar of companies within seven days of the date of the order appointing them.
(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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Source: https://www.legislation.gov.uk/uksi/2022/1239/rule/15 (the official version)
Page: https://openlegislation.uk/payment-and-electronic-money-institution-insolvency-scotland-rules-2022/rule-15
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.