# The Deposit Guarantee Scheme Regulations 2015, Regulation 14: Amendment of the Insolvency Act 1986


(1) The Insolvency Act 1986 is amended as follows.
(2) In section 386 (categories of preferential debts) , in subsection (1), after “steel production” insert “ ; debts owed to the Financial Services Compensation Scheme ”.
(3) In Schedule 6 (the categories of preferential debts)—
(a) after paragraph 15A insert—
“Category 6A: Debts owed to the Financial Services Compensation Scheme
15AA Any debt owed by the debtor to the scheme manager of the Financial Services Compensation Scheme under section 215(2A) of the Financial Services and Markets Act 2000 .”;
(b) in the italic heading before paragraph 15C for “categories 7 and 8” substitute “ categories 6A, 7 and 8. ”;
(c) in paragraph 15C, before sub-paragraph (1) insert—
“(A1) In paragraph 15AA “the scheme manager” has the meaning given in section 212(1) of the Financial Services and Markets Act 2000.”.

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Source: https://www.legislation.gov.uk/uksi/2015/486/regulation/14 (the official version)
Page: https://openlegislation.uk/deposit-guarantee-scheme-regulations-2015/regulation-14
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.