Regulation 14 Notification to creditors: winding-up proceedings
(1) When a relevant order or appointment is made, or a relevant decision is taken, in relation to a UK credit institution on or after 5th May 2004, the appointed officer must, as soon as is reasonably practicable, notify in writing all known creditors of that credit institution -
(a) of the matters mentioned in paragraph (4); and
(b) of the matters mentioned in paragraph (5).
(2) The appointed officer may comply with the requirement in paragraphs (1)(a) and the requirement in paragraph (1)(b) by separate notifications.
(3) For the purposes of this regulation -
(a) "relevant order" means -
(i) an administration order under paragraph 13 of Schedule B1 to the 1986 Act or paragraph 14 of Schedule B1 to the 1989 Order in the prescribed circumstances or an administration order made for the purposes set out in section 8(3)(b) or (d) of the 1986 Act or Article 21(3)(b) or (d) of the 1989 Order, as the case may be,