Paragraph 3

For the purposes of these Regulations, an insolvency event takes places in relation to a partnership where—

(a)

an order for its winding up is made by the court under Part 5 of the 1986 Act or Part 6 of the 1989 Order;

(b)

a resolution for voluntary winding up is passed under section 84 of the 1986 Act or Article 70 of the 1989 Order;

(c)

an administrative receiver, within the meaning of section 251 of the 1986 Act or Article 5(1) of the 1989 Order, is appointed;

(d)

it enters administration within the meaning of paragraph 1(2)(b) of Schedule B1 to the 1986 Act or paragraph 2(2)(b) of Schedule B1 to the 1989 Order;

(e)

a voluntary arrangement takes effect under Part 1 of the 1986 Act or Part 2 of the 1989 Order;

(f)

in Scotland, sequestration is awarded;

(g)

an interim trustee is appointed under section 54 of the 2016 Act on an application or petition for sequestration.