{
  "url": "https://openlegislation.uk/bankruptcy-financial-services-and-markets-act-2000-rules-northern-ireland-2005/article-2",
  "json_url": "https://openlegislation.uk/bankruptcy-financial-services-and-markets-act-2000-rules-northern-ireland-2005/article-2.json",
  "legislation": "nisr/2005/398",
  "legislation_title": "The Bankruptcy (Financial Services and Markets Act 2000) Rules (Northern Ireland) 2005",
  "legislation_url": "https://openlegislation.uk/bankruptcy-financial-services-and-markets-act-2000-rules-northern-ireland-2005",
  "path": "article/2",
  "kind": "article",
  "number": "2",
  "heading": "Interpretation",
  "text": "In these Rules—\n“the Act” means the Financial Services and Markets Act 2000;\n“the Authority” means—\n(a)in a case where the individual is a PRA-authorised person or is carrying on a PRA-regulated activity in contravention of section 19 of the Financial Services and Markets Act 2000, the Financial Conduct Authority or the Prudential Regulation Authority;\n(b)in any other case, the Financial Conduct Authority;\n“debt” means the sum referred to in section 372(4)(a) of the Act;\n“demand” means a demand made under section 372(4)(a) of the Act;\n“individual” has the meaning given by section 372(7) of the Act;\n“person” excludes a body of persons corporate or unincorporate;\n“the 1991 Rules” means the Insolvency Rules (Northern Ireland) 1991.",
  "extent": "N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in art. 2 substituted (1.4.2013) by The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013 (S.I. 2013/472), Sch. 2 para. 103"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "Art. 2 in operation at 19.9.2005, see art. 1"
    },
    {
      "type": "footnote",
      "label": "f1",
      "text": "2000 c. 8"
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "The Insolvency Rules (Northern Ireland) 1991 (S.R. 1991 No. 364), as amended by the Insolvency (Amendment) Rules (Northern Ireland) 1994 (S.R. 1994 No. 26), the Insolvency (Amendment) Rules (Northern Ireland) 1995 (S.R. 1995 No. 291), the Insolvency (Amendment) Rules (Northern Ireland) 2000 (S.R. 2000 No. 247), and the Insolvency (Amendment) Rules (Northern Ireland) 2002 (S.R. 2002 No. 261) and the Insolvency (Amendment) Rules (Northern Ireland) 2003 (S.R. 2003 No. 549)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/nisr/2005/398/article/2",
    "retrieved_at": "2026-10-29T01:50:52.869072+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}