Financial Services (Banking Reform) Act 2013

116Application for FMI administration orderU.K.

This section has no associated Explanatory Notes

(1)An application for an FMI administration order may be made to the court by the Bank of England.

(2)An application must nominate a person to be appointed as the FMI administrator.

(3)The infrastructure company must be given notice of an application, in accordance with rules under section 411 of the 1986 Act (as applied in relation to FMI administration).

Commencement Information

I1S. 116 in force at 13.7.2018 for E.W. by S.I. 2018/848, art. 2(c)