# The Payment and Electronic Money Institution Insolvency Regulations 2021, Chapter: Secondary Legislation


Statutory Maternity Pay (General) Regulations 1986
Insolvent Companies (Disqualification of Unfit Directors) Proceedings Rules 1987
Financial Markets and Insolvency Regulations 1991
Insolvency Regulations 1994
Non-Domestic Rating (Unoccupied Property) (Scotland) Regulations 1994
Insolvent Companies (Reports on Conduct of Directors) Rules 1996
Financial Markets and Insolvency Regulations 1996
Individual Savings Account Regulations 1998
Corporation Tax (Simplified Arrangements for Group Relief) Regulations 1999
Financial Markets and Insolvency (Settlement Finality) Regulations 1999
Statutory Paternity Pay and Statutory Adoption Pay (General) Regulations 2002
Financial Collateral Arrangements (No 2) Regulations 2003
Insolvency Practitioners Regulations 2005
Pension Protection Fund (Entry Rules) Regulations 2005
Gender Recognition (Disclosure of Information) (England, Wales and Northern Ireland) (No 2) Order 2005
Gender Recognition (Disclosure of Information) (Scotland) Order 2005
Financial Assistance Scheme Regulations 2005
Land Registration (Scotland) Rules 2006
Companies (Cross-Border Mergers) Regulations 2007
Regulated Covered Bonds Regulations 2008
Company, Limited Liability Partnership and Business (Names and Trading Disclosures) Regulations 2015
Land Registration (Network Access) Rules 2008
Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008
Registrar of Companies (Fees) (Companies, Overseas Companies and Limited Liability Partnerships) Regulations 2009
Companies (Disclosure of Address) Regulations 2009
Additional Statutory Paternity Pay (General) Regulations 2010
Statutory Parental Bereavement Pay (General) Regulations 2020
3 References to—
(a) a Schedule B1 administrator are to be read as if they were to an administrator appointed under regulation 7;
(b) Schedule B1 administration or insolvent administration are to be read as if they were to special administration;
(c) a Schedule B1 administration order are to be read as if they were to a special administration order;
(d) insolvency legislation, the general law of insolvency, the enactments relating to insolvency and similar expressions are to be read as if they were to special administration and the provisions of the IA 1986 as applied and modified by these Regulations;
(e) becoming insolvent and an insolvency event occurring are to be read as if they were to being put into special administration;
(f) insolvency proceedings or an insolvency procedure are to be read as if they were to special administration;
(g) winding up, being wound up, wound up by the court, going into liquidation and compulsory liquidation are to be read as if they were to being put into special administration;
(h) a winding-up order are to be read as including a special administration order (and, in this context, references to a liquidator are to be read as if they were to an administrator);
(i) a person acting as an insolvency practitioner within the meaning of section 388 of the IA 1986 are to be read as if they were to a person acting as an administrator under these Regulations;
(j) the provisions of the IA 1986 are to be read as if they were to those provisions as applied and modified by these Regulations; and
(k) the provisions of—
(i) the Insolvency (England and Wales) Rules 2016,
(ii) the Insolvency (Scotland) (Company Voluntary Arrangements and Administration) Rules 2018, and
(iii) the Insolvency (Scotland) (Receivership and Winding up) Rules 2018,
are to be read as if they were to the provisions of special administration insolvency rules;
(l) insolvency or liquidation within the meaning of section 247 of the IA 1986 are to be read as if they were to special administration;
(m) the purposes of the IA 1986 are to be read as if they were to the purposes of these Regulations.

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Source: https://www.legislation.gov.uk/ukdsi/2021/9780348222814/schedule/3/chapter/2 (the official version)
Page: https://openlegislation.uk/draft-payment-and-electronic-money-institution-insolvency-regulations-2021/schedule-3/chapter-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

