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The Bank Insolvency (Scotland) Rules 2009

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Order of appointment of provisional bank liquidator

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

(2) The applicant shall, immediately after the order is made, send a certified copy of the order to–

(a)the provisional bank liquidator;

(b)the Bank of England, if the Bank of England is not the applicant;

(c)the FSA, if the FSA is not the applicant; and

(d)the FSCS,

and may also send to those persons an electronic copy of the certified copy order.

(3) The provisional bank liquidator shall immediately after the order appointing him is made–

(a)serve a certified copy of the order on the bank and each director of the bank;

(b)give notice of his appointment to the registrar of companies and the Accountant in Bankruptcy;

(c)give notice of his appointment to any receiver of the whole or any part of the property of the bank; and

(d)advertise the appointment in accordance with the directions of the court.

(4) Service on a director may be effected electronically by sending it to his work email address.

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