(1) This section applies where Part 26A of the Companies Act 2006 (“the 2006 Act”) (arrangements and reconstructions: companies in financial difficulty) applies in relation to an infrastructure company.
(2) A relevant applicant must give notice to the Bank of England of -
(a) any application which the relevant applicant intends to make under section 901C(1) of the 2006 Act, and
(b) any application which the relevant applicant believes a creditor or member of the company has made, or intends to make, under section 901C(1) of that Act in relation to the company.
(3) A relevant applicant may not make an application under section 901C(1) of the 2006 Act in relation to the company without the consent of the Bank of England.
(4) In this section “relevant applicant”, in relation to a company, means -
(a) the company;
(b) if the company is being wound up, the liquidator;
(c) if the company is in administration, the administrator.
(5) The Bank of England is entitled to be heard at any h
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