- Status
- In Force
- Penalty ceiling
- Regulated
Does it bind you?
Business-side roles with duties under this instrument.
Director or Officer6
Plus 1 duty on the regulator, Crown ministers and public bodies — folded into the section list below.
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
Insolvency (England and Wales) Rules 2016
162 duties
Companies Act 2006
126 duties
Insolvency Act 1986
77 duties
Building Societies Act 1986
32 duties
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.rule 29
Bank administrator’s proposals: Objective 2 Stage
Regulated
- Issue a statement of proposals to creditors during bank administration (Objective 2 Stage)Director or Officer
s.rule 31
Where the court orders an extension of the period of...
Regulated
- Bank administrator must notify parties of court-ordered time extensionDirector or Officer
s.rule 33
Where the bank administrator intends to apply to the court...
Regulated
- Send pre-termination report to all known creditorsDirector or Officer
s.rule 34
(1) A bank administrator who wishes to publish a notice...
Regulated
- Publish notice to bank members within 8 weeks of administrationDirector or Officer
s.rule 37
(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.rule 48
End of administration: successful rescue
Regulated
Other duties (1) — Crown / regulator
- Bank administrator must file notice and progress report to end successful rescueCrown / Minister / Government department
s.rule 49
End of administration: dissolution
Regulated
- File notice of no assets and apply for dissolution of bank administrationDirector or Officer
54 other provisions — procedural and definitional
s.rule 1
Citation
s.rule 10
If the bank has notified the Bank of England of...
s.rule 11
Statement of proposed bank administrator
s.rule 12
Bank of England witness statement
s.rule 13
Filing
s.rule 14
Each filed copy— (a) shall have the seal of the...
s.rule 15
Service
s.rule 16
Service under rule 15 must be service of a sealed...
s.rule 17
Service must be effected as soon as is reasonably practicable,...
s.rule 18
(1) Service must be effected— (a) by personal service to...
s.rule 19
(1) Service of the application shall be verified by a...
s.rule 2
Commencement
s.rule 20
Other notification
s.rule 21
Venue
s.rule 22
Hearing
s.rule 23
The order
s.rule 24
Notice of order
s.rule 25
The Bank of England shall as soon as is reasonably...
s.rule 26
Costs
s.rule 27
Introduction
s.rule 28
Bank administrator’s proposals: Objective 1 Stage
s.rule 3
Extent
s.rule 30
If the bank administrator thinks that the statement made under...
s.rule 32
Where the bank administrator has made a statement under paragraph...
s.rule 35
Reports to creditors
s.rule 36
A progress report must be produced for—
s.rule 38
(1) A bank administrator who fails to comply with Rules...
s.rule 39
Removal of bank administrator in Objective 1 Stage
s.rule 4
Interpretation
s.rule 40
Appointment of provisional bank administrator
s.rule 41
The application must be supported by a witness statement stating—...
s.rule 42
If satisfied that sufficient grounds are shown for the appointment,...
s.rule 43
An order appointing a provisional bank administrator must specify the...
s.rule 44
If the court makes an order appointing a provisional bank...
s.rule 45
(1) As soon as is reasonably practicable after appointment a...
s.rule 46
The Bank of England may disclose the fact and terms...
s.rule 47
Additional joint bank administrator
s.rule 5
In these Rules— (a) “the FSCS” means the scheme manager...
s.rule 50
Introduction
s.rule 51
Title of proceedings
s.rule 52
Right to inspect file
s.rule 53
A right of inspection may be exercised on a person’s...
s.rule 54
Any person may, with permission of the court, inspect the...
s.rule 55
A right of inspection is not exercisable in the case...
s.rule 56
Rule 7.28(2) and (3) of the Insolvency Rules 1986 (as...
s.rule 57
Proceedings under sections 213 and 214 of the Insolvency Act...
s.rule 58
General application
s.rule 59
For that purpose the rules apply with—
s.rule 6
Overview
s.rule 60
General modifications
s.rule 61
Table of applications and specific modifications
s.rule 7
Forms
s.rule 8
Introduction
s.rule 9
Content of application
Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.