{
  "url": "https://openlegislation.uk/cross-border-insolvency-regulations-2006/schedule-3/paragraph-1",
  "json_url": "https://openlegislation.uk/cross-border-insolvency-regulations-2006/schedule-3/paragraph-1.json",
  "legislation": "uksi/2006/1030",
  "legislation_title": "The Cross-Border Insolvency Regulations 2006",
  "legislation_url": "https://openlegislation.uk/cross-border-insolvency-regulations-2006",
  "path": "schedule/3/paragraph/1",
  "kind": "paragraph",
  "number": "1",
  "heading": "Interpretation",
  "text": "(1) In this Schedule—\n“the 1986 Act” means the Insolvency Act 1986 ;\n“article 21 remedy application” means an application to the court by a foreign representative under article 21(1) or (2) of the Model Law for remedy;\n“business day” means any day other than a Saturday, a Sunday, Christmas Day, Good Friday or a day which is a bank holiday in Scotland under or by virtue of the Banking and Financial Dealings Act 1971 ;\n“the Gazette” means the Edinburgh Gazette;\n...\n...\n“the Model Law” means the UNCITRAL Model Law as set out in Schedule 1 to these Regulations;\n“modification or termination order” means an order by the court pursuant to its powers under the Model Law modifying or terminating recognition of a foreign proceeding, the sist, restraint or suspension referred to in article 20(1) or any part of it or any remedy granted under article 19 or 21 of the Model Law;\n“recognition application” means an application to the court by a foreign representative in accordance with article 15 of the Model Law for an order recognising the foreign proceeding in which he has been appointed;\n“recognition order” means an order by the court recognising a proceeding the subject of a recognition application as a foreign main proceeding or foreign non-main proceeding, as appropriate;\n“relevant company” means a company that is—\n(a)registered under the Companies Act 2006,\n(b)subject to a requirement imposed by regulations under section 1043 of that Act (unregistered UK companies) to deliver any documents to the registrar of companies, or\n(c)subject to a requirement imposed by regulations under section 1046 of that Act (overseas companies) to deliver any documents to the registrar of companies;\n“review application” means an application to the court for a modification or termination order.\n(2) Expressions defined in the Model Law have the same meaning when used in this Schedule.\n(3) References in this Schedule to a debtor who is of interest to the Financial Conduct Authority are references to a debtor who—\n(a) is, or has been, an authorised person within the meaning of the Financial Services and Markets Act 2000;\n(b) is, or has been, an appointed representative within the meaning of section 39 of the Financial Services and Markets Act 2000; or\n(c) is carrying on, or has carried on, a regulated activity in contravention of the general prohibition.\n(3A) References in this Schedule to a debtor who is of interest to the Prudential Regulation Authority are references to a debtor who—\n(a) is, or has been, a PRA-authorised person within the meaning of the Financial Services and Markets Act 2000; or\n(b) is carrying on, or has carried on, a PRA-regulated activity within the meaning of the Financial Services and Markets Act 2000 in contravention of the general prohibition.\n(4) In sub-paragraphs (3) and (3A) “the general prohibition” has the meaning given by section 19 of the Financial Services and Markets Act 2000 and the reference to a “regulated activity” must be construed in accordance with—\n(a) section 22 of that Act (classes of regulated activity and categories of investment);\n(b) any relevant order under that section; and\n(c) Schedule 2 to that Act (regulated activities).\n(5) References in this Schedule to a numbered form are to the form that bears that number in Schedule 5.",
  "extent": "E+W+S",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in Sch. 3 para. 1(1) omitted (31.12.2020) by virtue of The Insolvency (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/146), reg. 1(3), Sch. para. 127 (with regs. 4, 5); 2020 c. 1, Sch. 5 para. 1(1)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in Sch. 3 para. 1(1) substituted (1.10.2009) by The Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009 (S.I. 2009/1941), art. 1(2), Sch. 1 para. 264(4)(a)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Sch. 3 para. 1(3)(3A) substituted for Sch. 3 para. 1(3) (1.4.2013) by The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013 (S.I. 2013/472), Sch. 2 para. 116(b)(i)(aa)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Words in Sch. 3 para. 1(4) substituted (1.4.2013) by The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013 (S.I. 2013/472), Sch. 2 para. 116(b)(i)(bb)"
    },
    {
      "type": "M",
      "label": "M1",
      "text": "1986 c. 45."
    },
    {
      "type": "M",
      "label": "M2",
      "text": "1971 c. 80."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2006/1030/schedule/3/paragraph/1",
    "retrieved_at": "2026-10-29T04:30:21.437139+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."
}