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The Bank Insolvency (England and Wales) Rules 2009

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Order of appointment

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22.  (1)  The order of appointment shall specify the functions to be carried out by the provisional bank liquidator in relation to the bank’s affairs.

(2) The court shall, immediately after the order is made, send 4 sealed copies of the order (or such larger number as the provisional bank liquidator may have requested), to the provisional bank liquidator.

(3) The court shall also, if practicable, immediately send a sealed copy of the order to the provisional bank liquidator electronically.

(4) The provisional bank liquidator shall serve a sealed copy of the order on the bank at its registered office and, where the provisional bank liquidator knows the bank’s email address, will send an electronic copy to the bank.

(5) The bank liquidator shall send a sealed copy of the order—

(a)to the Bank of England, the FSA, and the FSCS (electronically or otherwise), and

(b)to the registrar of companies, and

(c)(if applicable) to any administrative receiver of the bank.

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