UK Statutory Instrument SI 2009/350 United Kingdom

The Bank Administration (Scotland) Rules 2009

Status
In Force
Penalty ceiling
Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Director or Officer7

Other Acts binding the same actors

If a role above is yours, these are the other instruments that most often bind it.

Director or Officer — also bound by 429 other Acts

What it requires

Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

s.art021 Bank administrator’s proposals: Objective 2 Stage Regulated
  • Prepare statement of proposals with required detailsDirector or Officer
s.art023 Where the court orders an extension of the period of... Regulated
  • Notify listed persons of court-ordered extension of timeDirector or Officer
s.art025 Where the bank administrator intends to apply to the court... Regulated
  • Send a report to creditors before early cessation of bank administrationDirector or Officer
s.art026 (1) Any bank administrator who wishes to publish a notice... Regulated
  • Publish notice to bank members in an appropriate newspaperDirector or Officer
s.art029 (1) The bank administrator must send a copy of each... Regulated
  • Send progress reports to creditors, court, and regulators within 28 daysDirector or Officer
s.art036 End of administration: successful rescue Regulated
  • Conclude bank administration after successful rescueDirector or Officer
s.art037 End of administration: dissolution Regulated
  • Bank administrator must lodge final progress report and notice with court for dissolutionDirector or Officer
35 other provisions — procedural and definitional
s.art001 Citation
s.art002 Commencement
s.art003 Extent
s.art004 Interpretation
s.art005 In these Rules— (a) “the FSCS” means the scheme manager...
s.art006 Overview
s.art007 Forms
s.art008 Introduction
s.art009 Content of application
s.art010 If the bank has notified the Bank of England of...
s.art011 Statement of proposed bank administrator
s.art012 Lodging
s.art013 Service
s.art014 Service must be effected as soon as is reasonably practicable,...
s.art015 Other notification
s.art016 Notice of order
s.art017 The Bank of England shall as soon as is reasonably...
s.art018 Expenses
s.art019 Introduction
s.art020 Bank administrator’s proposals: Objective 1 Stage
s.art022 If the bank administrator thinks that the statement made under...
s.art024 Where the bank administrator has made a statement under paragraph...
s.art027 Reports to creditors
s.art028 A progress report must be produced for—
s.art030 (1) A bank administrator who fails to comply with rule...
s.art031 Removal of bank administrator in Objective 1 Stage
s.art032 Appointment of provisional bank administrator
s.art033 (1) As soon as is reasonably practicable after appointment any...
s.art034 The Bank of England may disclose the fact and terms...
s.art035 Additional joint bank administrator
s.art038 Proceedings under sections 213 and 214 of the Insolvency Act...
s.art039 General application
s.art040 For that purpose the rules apply with—
s.art041 General modifications
s.art042 Table of applications and specific modifications

Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.