PART 2Application for Bank Administration Order

Service15

The Bank of England shall serve the application—

a

on the bank,

b

on the person (or each of the persons) nominated for appointment as bank administrator,

c

on any person whom the Bank of England knows to be entitled to appoint an administrator under paragraph 14 of Schedule B1 to the Insolvency Act 1986 or an administrative receiver,

d

on any person who has given notice to the FSA in respect of the bank under section 120 of the Banking Act 2009 (bank insolvency: notice of preliminary steps of other insolvency procedures), and

e

if the property transfer instrument was made or is to be made under section 11(2)(b) of the Banking Act 2009 (transfer to commercial purchaser), on each transferee.