The Bank Insolvency Rules (Northern Ireland) 2009 No. 64

PART 20 EXAMINATION OF PERSONS CONCERNED IN BANK INSOLVENCY

Preliminary

239.—(1) The rules in this Part relates to applications to the court for an order under Article 220 of the Order (inquiry into company’s dealings when it is, or is alleged to be, insolvent).

(2) The following definitions apply—

(a) the person in respect of whom an order is applied for is “the respondent”,

(b) “the applicable Article” is Article 200 of the Order, and

(c) the bank is “the insolvent”.

Form and contents of application

240.  Apply rule 9.2 of the 1991 Rules.

Order for examination, etc

241.  Apply rule 9.3 of the 1991 Rules.

Procedure for examination

242.  Apply rule 9.4 of the 1991 Rules.

Record of examination

243.  Apply rule 9.5 of the 1991 Rules.

Cost of proceedings

244.—(1) Apply rule 9.6 of the 1991 Rules.

(2) In paragraph (2)(a) delete “or 338(1)” and in paragraph (2)(b) delete “or 338(2)”.

(3) In paragraph (3)(a), for “company insolvency” substitute “bank insolvency”.

(4) Delete sub-paragraph (3)(b).

(5) Delete paragraph (5).