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Regulation 6 Cessation of membership (Article 28(1) of the EC Regulation)I1

For the purposes of national law on liquidation, winding up, insolvency or cessation of payments, a member of F1a UKEIG registered under these Regulations shall cease to be a member if—

(a)

in the case of an individual—

(i)

a bankruptcy order has been made against him in England and Wales F2or Northern Ireland; or

(ii)

sequestration of his estate has been awarded by the court in Scotland under the Bankruptcy (Scotland) Act 1985f1;

(b)

in the case of a partnership—

(i)

a winding up order has been made against the partnership in England and Wales F3or Northern Ireland;

F4(ii)

a bankruptcy order has been made against each of the partnership’s members in England and Wales on a bankruptcy petition presented under Article 11(1) of the Insolvent Partnerships Order 1994;

(iia)

a bankruptcy order has been made against each of the partnership’s members in Northern Ireland on a bankruptcy petition presented under Article 11(1) of the Insolvent Partnerships Order (Northern Ireland) 1995; or

(iii)

sequestration of the estate of the partnership has been awarded by the court in Scotland under the Bankruptcy (Scotland) Act 1985;

(c)

in the case of a company, the company goes into liquidation in F5the United Kingdom; or

(d)

in the case of any legal person or partnership, it is otherwise wound up or otherwise ceases to exist after the conclusion of winding up or insolvency.

Annotations

Textual amendments

F1

Words in reg. 6 substituted (31.12.2020) by The European Economic Interest Grouping (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1299), regs. 1, 6; 2020 c. 1, Sch. 5 para. 1(1)

F2

Words in reg. 6(a)(i) inserted (1.10.2009) by The European Economic Interest Grouping (Amendment) Regulations 2009 (S.I. 2009/2399), regs. 1(2), 9(2) (with reg. 2)

F3

Words in reg. 6(b)(i) inserted (1.10.2009) by The European Economic Interest Grouping (Amendment) Regulations 2009 (S.I. 2009/2399), regs. 1(2), 9(3)(a) (with reg. 2)

F4

Reg. 6(b)(ii)(iia) substituted for reg. 6(b)(ii) (1.10.2009) by The European Economic Interest Grouping (Amendment) Regulations 2009 (S.I. 2009/2399), regs. 1(2), 9(3)(b) (with reg. 2)

F5

Words in reg. 6(c) substituted (1.10.2009) by The European Economic Interest Grouping (Amendment) Regulations 2009 (S.I. 2009/2399), regs. 1(2), 9(4) (with reg. 2)

Commencement

I1

Reg. 6 in force at 1.7.1989, see reg. 1

Footnotes

f1

1985 c. 66.