PART 9AMENDMENTS TO SECONDARY LEGISLATION

The Insolvency Rules 1986 (S.I. 1986/1925)

Authorised deposit-takers and former authorised deposit-takers377

1

The Insolvency Rules 1986 are amended as follows.

2

In Rule 2.7 (Manner in which service to be effected), for paragraph (4A)(a)267 substitute—

a

is an authorised deposit-taker or former authorised deposit-taker,

3

In Rule 4.1 (Voluntary winding up; winding up by the court), in paragraph (1)(b)268, for “authorised institutions or former authorised institutions within the meaning of the Banking Act 1987” substitute “authorised deposit-takers or former authorised deposit-takers”.

4

In Rule 4.7 (Presentation and filing of petition), in paragraph (4)(e)269 for “an authorised institution or former authorised institution within the meaning of the Banking Act 1987” substitute “an authorised deposit-taker or a former authorised deposit-taker”.

5

In Rule 4.50 (First meetings (No CVL Application)), in paragraph (8)270 for “an authorised institution or former authorised institution within the meaning of the Banking Act 1987” substitute “an authorised deposit-taker or a former authorised deposit-taker”.

6

In Rule 4.51, in paragraph (3)271 for “an authorised institution or former authorised institution within the meaning of the Banking Act 1987” substitute “an authorised deposit-taker or a former authorised deposit-taker”.

7

In Rule 4.72 (Additional provisions as regards certain meetings) in paragraph (1)272 for “an authorised institution or former authorised institution within the meaning of the Banking Act 1987” substitute

an “authorised deposit-taker or a former authorised deposit-taker”