Regulation 12 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 insurer on or after 20th April 2003, the appointed office must as soon as is reasonably practicable -
(a) notify all known creditors of that insurer in writing of -
(i) the matters mentioned in paragraph (4), and
(ii) the matters mentioned in paragraph (5); and
(b) notify all known insurance creditors of that insurer in writing of the matters mentioned in paragraph 6,
(2) The appointed office may comply with the requirement in paragraph (1)(a)(i) and the requirement in paragraph (1)(a)(ii) by separate notifications.
(3) For the purposes of this regulation -
(a) "relevant order" means -
(i) an administration order made under section 8 of the 1986 Act before 15th September 2003, or made on or after that date under paragraph 13 of Schedule B1 in the prescribed circumstances or under paragraph 14 of Schedule B1 to the 1989 Order in the prescribed circumstances,