{
  "url": "https://openlegislation.uk/financial-markets-and-insolvency-amendment-and-transitional-provision-eu-exit-regulations-2019/regulation-10",
  "json_url": "https://openlegislation.uk/financial-markets-and-insolvency-amendment-and-transitional-provision-eu-exit-regulations-2019/regulation-10.json",
  "legislation": "uksi/2019/341",
  "legislation_title": "The Financial Markets and Insolvency (Amendment and Transitional Provision) (EU Exit) Regulations 2019",
  "legislation_url": "https://openlegislation.uk/financial-markets-and-insolvency-amendment-and-transitional-provision-eu-exit-regulations-2019",
  "path": "regulation/10",
  "kind": "regulation",
  "number": "10",
  "heading": "Amendments to the Schedule",
  "text": "In the Schedule—\n(a) omit paragraph 1(1);\n(b) in paragraph 5(2)—\n(i) for the first reference to “the system” substitute “a system governed by the law of the United Kingdom”;\n(ii) after “institution” insert “whose head office is in the United Kingdom”;\n(c) in paragraph 5(3)(a), for “the Settlement Finality Directive” substitute “these Regulations”;\n(d) in paragraph 5(4)—\n(ai) for the first reference to “the system” substitute “a system governed by the law of the United Kingdom”;\n(i) after “participant” insert “established in the United Kingdom”;\n(ii) omit the “or” at the end of sub-paragraph (a);\n(iii) at the end of sub-paragraph (b) insert “or” and insert a new sub-paragraph (c) as follows—\n“(c) the appointment of an administrator under paragraph 14 or paragraph 22 of Schedule B1 to the Insolvency Act 1986 taking effect,”;\n(iv) for the text following the new sub-paragraph (c) substitute—\n“to notify forthwith both the system and the designating authority that such a resolution has been passed, that such a trust deed has become a protected trust deed or, as the case may be, that such appointment has taken effect.”.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Reg. 10(b) substituted (31.12.2020 immediately before IP completion day) by The Financial Services (Miscellaneous) (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/710), regs. 1(2), 20(4)(a); 2020 c. 1, Sch. 5 para. 1(1)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Reg. 10(d)(ai) inserted (31.12.2020 immediately before IP completion day) by The Financial Services (Miscellaneous) (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/710), regs. 1(2), 20(4)(b); 2020 c. 1, Sch. 5 para. 1(1)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Reg. 10(e) renumbered as reg. 10(d)(iv) (31.12.2020 immediately before IP completion day) by The Financial Services (Miscellaneous) (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/710), regs. 1(2), 20(4)(c); 2020 c. 1, Sch. 5 para. 1(1)"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "Reg. 10 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(3)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2019/341/regulation/10",
    "retrieved_at": "2026-10-28T22:46:48.004590+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}