(1) An application for an administration order in respect of a bank may not be determined unless the conditions below are satisfied.
(2) A petition for a winding up order in respect of a bank may not be determined unless the conditions below are satisfied.
(3) A resolution for voluntary winding up of a bank may not be made unless the conditions below are satisfied.
(4) An administrator of a bank may not be appointed unless the conditions below are satisfied.
(5) Condition 1 is that the PRA and the Bank of England have been notified -
(a) by the applicant for an administration order, that the application has been made,
(b) by the petitioner for a winding up order, that the petition has been presented,
(c) by the bank, that a resolution for voluntary winding up may be made, or
(d) by the person proposing to appoint an administrator, of the proposed appointment.
(6) Condition 2 is that a copy of the notice complying with Condition 1 has been filed (in Scotland, lodged) with the court (an
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