s 369A Reclaim funds: service of petition etc on FCA and PRA
(1) If a person other than a regulator presents a petition for the winding up of an authorised reclaim fund, the petitioner must serve a copy of the petition on the appropriate regulator . (2) If a person other than a regulator applies to have a provisional liquidator appointed under section 135 of the 1986 Act (or Article 115 of the 1989 Order) in respect of an authorised reclaim fund, the applicant must serve a copy of the application on the appropriate regulator . (3) In this section “ authorised reclaim fund ” has the same meaning as in the Dormant Assets Acts 2008 to 2022 (see section 26 of the Dormant Assets Act 2022) . (4) "The appropriate regulator” means— (a) in relation to an authorised reclaim fund that is a PRA-authorised person, the FCA and the PRA, and (b) in relation to any other authorised reclaim fund, the FCA. (5) If either regulator— (a) presents a petition for the winding up of an authorised reclaim fund that is a PRA-authorised person, or (b) applies to have a provisional liquidator appointed under section 135 of the 1986 Act (or Article 115 of the 1989 Order) in respect of an authorised reclaim fund that is a PRA-authorised person, that regulator must serve a copy of the petition or application (as the case requires) on the other regulator.