{
  "url": "https://openlegislation.uk/draft-payment-and-electronic-money-institution-insolvency-regulations-2021",
  "json_url": "https://openlegislation.uk/draft-payment-and-electronic-money-institution-insolvency-regulations-2021.json",
  "id": "ukdsi/2021/9780348222814",
  "title": "The Payment and Electronic Money Institution Insolvency Regulations 2021",
  "short_title": "Payment and Electronic Money Institution Insolvency 2021",
  "long_title": "These Regulations establish a new insolvency procedure to be known as payment institution special administration or electronic money institution special administration (as the case may be) to operate as an alternative to the liquidation or administration of those institutions under the Insolvency Act 1986 (c. 45) (see regulations 7 to 47 and Schedules 1 to 4).",
  "citation": "Draft 2021, ISBN 9780348222814",
  "type": "ukdsi",
  "year": "2021",
  "number": "9780348222814",
  "version": "current",
  "date": null,
  "revised": false,
  "valid_from": null,
  "extent": null,
  "unapplied_effects": 0,
  "provisions": [
    {
      "path": "introduction",
      "kind": "introduction",
      "number": null,
      "heading": "Introductory text",
      "url": "https://openlegislation.uk/draft-payment-and-electronic-money-institution-insolvency-regulations-2021/introduction",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/1",
      "kind": "regulation",
      "number": "1",
      "heading": "Citation",
      "url": "https://openlegislation.uk/draft-payment-and-electronic-money-institution-insolvency-regulations-2021/regulation-1",
      "extent": null,
      "status": null,
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    },
    {
      "path": "regulation/2",
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      "number": "2",
      "heading": "Commencement",
      "url": "https://openlegislation.uk/draft-payment-and-electronic-money-institution-insolvency-regulations-2021/regulation-2",
      "extent": null,
      "status": null,
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    },
    {
      "path": "regulation/3",
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      "number": "3",
      "heading": "Extent",
      "url": "https://openlegislation.uk/draft-payment-and-electronic-money-institution-insolvency-regulations-2021/regulation-3",
      "extent": null,
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    },
    {
      "path": "regulation/4",
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      "heading": "Overview",
      "url": "https://openlegislation.uk/draft-payment-and-electronic-money-institution-insolvency-regulations-2021/regulation-4",
      "extent": null,
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    {
      "path": "regulation/5",
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      "heading": "Application: Scottish LLPs and partnerships",
      "url": "https://openlegislation.uk/draft-payment-and-electronic-money-institution-insolvency-regulations-2021/regulation-5",
      "extent": null,
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    {
      "path": "regulation/6",
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      "heading": "Definitions",
      "url": "https://openlegislation.uk/draft-payment-and-electronic-money-institution-insolvency-regulations-2021/regulation-6",
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      "path": "regulation/7",
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      "url": "https://openlegislation.uk/draft-payment-and-electronic-money-institution-insolvency-regulations-2021/regulation-7",
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      "path": "regulation/9",
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      "heading": "Grounds for applying",
      "url": "https://openlegislation.uk/draft-payment-and-electronic-money-institution-insolvency-regulations-2021/regulation-9",
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      "heading": "Powers of the court",
      "url": "https://openlegislation.uk/draft-payment-and-electronic-money-institution-insolvency-regulations-2021/regulation-10",
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      "path": "regulation/11",
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      "heading": "Notice to FCA: other proceedings",
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      "path": "regulation/18",
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      "path": "regulation/19",
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      "heading": "Objective 1: shortfalls in asset pool",
      "url": "https://openlegislation.uk/draft-payment-and-electronic-money-institution-insolvency-regulations-2021/regulation-19",
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      "path": "regulation/20",
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      "url": "https://openlegislation.uk/draft-payment-and-electronic-money-institution-insolvency-regulations-2021/regulation-20",
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      "path": "regulation/23",
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      "heading": "Objective 1: interest on relevant funds claims",
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      "path": "regulation/24",
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      "heading": "Objectives 1 and 3: transfer arrangements: overview",
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      "heading": "Objectives 1 and 3: TAs: Conditions 1 to 3",
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      "path": "regulation/26",
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      "path": "regulation/27",
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      "path": "regulation/28",
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      "path": "regulation/29",
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