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The Building Society Special Administration Rules (Northern Ireland) 2014

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Appointment of provisional special administrator

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46.—(1) As soon as is reasonably practicable after appointment a provisional special administrator shall send a copy of the order of appointment to—

(a)the society;

(b)any administrative receiver of the society;

(c)the FCA and where relevant the PRA (together with the form specified in Rule 4.029(3)(ii) of the 1991 Rules); and

(d)the FSCS.

(2) Notice to the society shall be given by service in accordance with Rule 18.

(3) Unless the court otherwise directs, on receipt of the order of appointment, as soon as reasonably practicable the provisional special administrator shall give notice of that appointment; and such notice—

(a)shall be gazetted; and

(b)may be advertised in such other manner as the provisional special administrator thinks fit.

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