Bank administrator’s proposals: Objective 2 Stage
- Prepare statement of proposals with required details Director or Officer
UK Statutory Instrument
2009
United Kingdom
The Bank Administration (Scotland) Rules 2009
At a glance
What's here
7 compliance obligations
Who this Act binds
Business-side actors with duties under this Act, ranked by how often they appear.
- Director or Officer 7
Other Acts binding the same actors
For each actor bound by this Act, the other UK Acts that bind them most often. Useful for understanding the full compliance landscape facing each role.
Directors and Officers also bound by 425 other Acts (top 5 shown)
- Insolvency (England and Wales) Rules 2016 2016 161 duties
- Companies Act 2006 2006 108 duties
- Insolvency Act 1986 1986 72 duties
- The Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008 2008 55 duties
- The Housing Administration (England and Wales) Rules 2018 2018 26 duties
What this Act requires
Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.
Where the court orders an extension of the period of...
- Notify listed persons of court-ordered extension of time Director or Officer
Where the bank administrator intends to apply to the court...
- Send a report to creditors before early cessation of bank administration Director or Officer
(1) Any bank administrator who wishes to publish a notice...
- Publish notice to bank members in an appropriate newspaper Director or Officer
(1) The bank administrator must send a copy of each...
- Send progress reports to creditors, court, and regulators within 28 days Director or Officer
End of administration: successful rescue
- Conclude bank administration after successful rescue Director or Officer
End of administration: dissolution
- Bank administrator must lodge final progress report and notice with court for dissolution Director or Officer
Browse 35 other sections — procedural / definitional / commencement
Citation
Commencement
Extent
Interpretation
In these Rules— (a) “the FSCS” means the scheme manager...
Overview
Forms
Introduction
Content of application
If the bank has notified the Bank of England of...
Statement of proposed bank administrator
Lodging
Service
Service must be effected as soon as is reasonably practicable,...
Other notification
Notice of order
The Bank of England shall as soon as is reasonably...
Expenses
Introduction
Bank administrator’s proposals: Objective 1 Stage
If the bank administrator thinks that the statement made under...
Where the bank administrator has made a statement under paragraph...
Reports to creditors
A progress report must be produced for—
(1) A bank administrator who fails to comply with rule...
Removal of bank administrator in Objective 1 Stage
Appointment of provisional bank administrator
(1) As soon as is reasonably practicable after appointment any...
The Bank of England may disclose the fact and terms...
Additional joint bank administrator
Proceedings under sections 213 and 214 of the Insolvency Act...
General application
For that purpose the rules apply with—
General modifications
Table of applications and specific modifications
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