The Bank Insolvency (England and Wales) Rules 2009

Expressions used generally

This sectionnoteType=Explanatory Memorandum has no associated

292.  (1)  Apply rule 13.13 of the 1986 Rules(1).

(2) In paragraph (1) for “Rules 1.7” to “6.23” substitute “rule 10 of the Bank Insolvency Rules 2009”.

(3) In paragraph (5), after “Secretary of State” insert “or the Treasury”.

(4) In paragraph (7), for “Chapter 20 of Part 4 of these Rules, or Chapter 23 of Part 6” substitute “Part 16 of the Bank Insolvency Rules 2009”.

(5) Ignore paragraphs (8) to (14).

(6) In paragraph (15), after “section 176A(2)(a)” insert “as applied by section 103 of the Banking Act 2009”.

(1)

Rule 13.13 was amended by S.I. 1999/1022 and S.I. 2003/1730.