Schedule 17A, Part 3, paragraph 34(5)
FSMA 2000
Financial Services and Markets Act 2000 · United Kingdom
Condition 1 is that the Bank of England has been notified— by the applicant for an administration order, that the application has been made, by the petitioner for a winding up order, that the petition has been presented, by the recognised clearing house or the recognised CSD, that a resolution for voluntary winding up may be made, or by the person proposing to appoint an administrator, of the proposed appointment.
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Source: legislation.gov.uk · retrieved 2026-09-04