# The Consumer Credit (Termination of Licences) Regulations 1976, Part I: EVENTS RELATING TO THE UNITED KINGDOM OR TO SOME PART THEREOF, NOT BEING EVENTS RELATING TO NORTHERN IRELAND ONLY


Events relating to a licensee on the occurrence of which the licence is to terminate
Persons authorised to carry on the business of the licensee under the licence
Events relating to a licensee, being one individual, on the occurrence of which the licence is to terminate by virtue of section 37(1) of the Act:—
1. The death of the licensee
(i) Any executor, administrator, trustee, receiver, manager, judicial factor or the official assignee of or appointed in relation to the estate of the deceased licensee or that part thereof which comprises the business carried on by the licensee under the licence;
(ii) in a case where there is for the time being no person falling within sub-paragraph (i) above entitled to carry on the business of the licensee, any person entitled to apply for a grant of letters of administration or, in Scotland, confirmation.
2. The adjudication of the licensee as bankrupt or, in Scotland, the sequestration of his estate.
(i) The trustee in the bankruptcy or sequestration;
(ii) the official assignee.
3. The licensee becoming a patient within the meaning of Part VIII of the Mental Health Act 1959 or, in Scotland, becoming incapable of managing his own affairs.
The person authorised under section 102 or 103 of that Act for the purpose of carrying on the business of the licensee or, in Scotland, the curator bonis or judicial factor appointed for that purpose.
Other events relating to a licensee on the occurrence of which the licence is to terminate by virtue of regulation 2 of these Regulations:—
4. The approval by the court of a composition or scheme of arrangement under section 16 of the Bankruptcy Act 1914 proposed by the licensee, being a composition or arrangement under or in pursuance of which the property of the licensee comprising the business carried on by him under the licence is assigned to a trustee.
The trustee appointed under or in pursuance of the composition or scheme of arrangement.
5. The registration under the Deeds of Arrangement Act 1914 of a deed of arrangement executed by the licensee, being a deed under or in pursuance of which the property of the licensee comprising the business carried on by him under the licence is assigned to a trustee.
The trustee appointed under or in pursuance of the deed of arrangement.
6. In Scotland, the granting by the licensee of a voluntary trust deed for behoof of creditors, being a deed providing for the property of the licensee comprising the business carried on by the licensee under the licence being transferred to a trustee.
The trustee appointed under or in pursuance of the trust deed.
7. In Scotland, the approval by the court under section 37 of the Bankruptcy (Scotland) Act 1913 of a deed of arrangement, being an arrangement providing for the property of the licensee comprising the business carried on by the licensee under the licence being transferred to a trustee.
The trustee appointed under or in pursuance of the deed of arrangement.
8. In a case where all the members of a licensee which is a partnership or other unincorporated body of persons are adjudged bankrupt, the last such adjudication.
(i) The trustee in the bankruptcy;
(ii) the official assignee.
9. In Scotland, the sequestration of the estate of a licensee which is a firm.
The trustee in the sequestration.
10. The approval by the court of a composition or scheme of arrangement under section 16 of the Bankruptcy Act 1914 proposed by all the members of a licensee which is a partnership or other unincorporated body of persons, being a composition or arrangement under or in pursuance of which the property of the licensee comprising the business carried on by it under the licence is assigned to a trustee.
The trustee appointed under or in pursuance of the composition or scheme of arrangement.
11. The registration under the Deeds of Arrangement Act 1914 of a deed of arrangement executed by all the members of a licensee which is a partnership or other unincorporated body of persons, being a deed under or in pursuance of which the property of the licensee comprising the business carried on by it under the licence is assigned to a trustee.
The trustee appointed under or in pursuance of the deed of arrangement.

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Source: https://www.legislation.gov.uk/uksi/1976/1002/schedule/part/I (the official version)
Page: https://openlegislation.uk/consumer-credit-termination-of-licences-regulations-1976/schedule/part-I
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.