PART 9End of special administration

Final progress reports182.

(1)

In this Part, reference to a progress report is to a report in the form specified in rule 87.

(2)

The final progress report means a progress report which includes a summary of—

(a)

the administrator’s proposals (including whether the FCA has given a direction under regulation 38 and whether that direction has been withdrawn),

(b)

any major amendments to, or deviations from, those proposals,

(c)

the steps taken during the special administration, and

(d)

the outcome.