(1) The following paragraphs of Schedule B1 to the Insolvency Act 1986 (administration) apply to a bank insolvency order as to an administration order.
(2) Those paragraphs are -
(a) paragraph 40 (dismissal of pending winding-up petition), and
(b) paragraph 42 (moratorium on insolvency proceedings).
(3) For that purpose -
(a) a reference to an administration order is a reference to a bank insolvency order,
(b) a reference to a company being in administration is a reference to a bank being in bank insolvency, and
(c) a reference to an administrator is a reference to a bank liquidator.