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54(1)Section 215 (provision of Financial Services Compensation Scheme in relation to insolvency) shall be amended as follows.E+W+S
(2)In subsection (3) for “presents a petition under section 9 of the 1986 Act or Article 22 of the 1989 Order” substitute “ makes an administration application under Schedule B1 to the 1986 Act or presents a petition under Article 22 of the 1989 Order ”.
(3)After subsection (3) insert—
“(3A)In subsection (3) the reference to making an administration application includes a reference to—
(a)appointing an administrator under paragraph 14 or 22 of Schedule B1 to the 1986 Act, or
(b)filing with the court a copy of notice of intention to appoint an administrator under either of those paragraphs.”