The Bank Insolvency Rules (Northern Ireland) 2009

PART 4 STATEMENT OF AFFAIRS AND OTHER INFORMATION

Notice requiring statement of affairs

27.—(1) Apply rule 4.035 of the 1991 Rules. For “official receiver”, substitute “Bank of England”.

(2) In paragraph (3), for “Chapter” substitute “Part”.

Verification and filing

28.—(1) Apply rule 4.036 of the 1991 Rules. For “the official receiver” substitute “the bank liquidator”.

(2) For paragraph (6), substitute—

“(6) The bank liquidator shall file the statement of affairs in court and shall send a copy of it to the registrar of companies.”.

(3) Delete paragraph (7).

Limited disclosure

29.—(1) Apply rule 4.039 of the 1991 Rules. In paragraph (1), for “official receiver”, substitute “Bank of England”.

(2) After paragraph (1), insert—

“(1A) The Bank of England may also apply to the court for an order of limited disclosure in respect of those depositors of the bank who, at the time of the making of the statement of affairs, still have a claim against the bank in respect of their deposits.”.

Release from duty to submit statement of affairs; extension of time

30.—(1) Apply rule 4.040 of the 1991 Rules.

(2) For “official receiver” substitute “bank liquidator.”

Expenses of statement of affairs

31.  Apply rule 4.041 of the 1991 Rules. For “official receiver”, substitute “Bank of England”.

Submission of accounts

32.  Apply rule 4.043 of the 1991 Rules. For “official receiver”, substitute “Bank of England”.

Further disclosure

33.  Apply rule 4.046 of the 1991 Rules. For “official receiver”, substitute “Bank of England”.