# The Cross-Border Insolvency Regulations 2006, Paragraph 4


The court shall not grant any relief, or modify any relief already granted, or provide any co-operation or coordination, under or by virtue of any of the provisions of this Law if and to the extent that such relief or modified relief or cooperation or coordination would—
(a) be prohibited under or by virtue of—
(i) Part 7 of the Companies Act 1989;
(ii) Part 3 of the Financial Markets and Insolvency (Settlement Finality) Regulations 1999; or
(iii) Part 3 of the Financial Collateral Arrangements (No. 2) Regulations 2003;
in the case of a proceeding under British insolvency law; or
(b) interfere with or be inconsistent with any rights of a collateral taker under Part 4 of the Financial Collateral Arrangements (No. 2) Regulations 2003 which could be exercised in the case of such a proceeding.

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Source: https://www.legislation.gov.uk/ukdsi/2006/0110741587/schedule/1/part/1/crossheading/article-1-scope-of-application/paragraph/4 (the official version)
Page: https://openlegislation.uk/draft-cross-border-insolvency-regulations-2006/schedule-1/part-1/crossheading-article-1-scope-of-application/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.