{
  "url": "https://openlegislation.uk/financial-services-act-2012-consequential-amendments-and-transitional-provisions-order-2013/schedule-2/paragraph-116",
  "json_url": "https://openlegislation.uk/financial-services-act-2012-consequential-amendments-and-transitional-provisions-order-2013/schedule-2/paragraph-116.json",
  "legislation": "uksi/2013/472",
  "legislation_title": "The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013",
  "legislation_url": "https://openlegislation.uk/financial-services-act-2012-consequential-amendments-and-transitional-provisions-order-2013",
  "path": "schedule/2/paragraph/116",
  "kind": "paragraph",
  "number": "116",
  "heading": "The Cross-Border Insolvency Regulations 2006",
  "text": "In the Cross-Border Insolvency Regulations 2006—\n(a) in Schedule 2 (procedural matters in England and Wales)—\n(i) in paragraph 1—\n(aa) for sub-paragraph (6) substitute—\n“(6) References in this Schedule to a debtor who is of interest to the Financial Conduct Authority are references to a debtor who—\n(a) is, or has been, an authorised person within the meaning of the Financial Services and Markets Act 2000;\n(b) is, or has been, an appointed representative within the meaning of section 39 of the Financial Services and Markets Act 2000; or\n(c) is carrying on, or has carried on, a regulated activity in contravention of the general prohibition.\n(6A) References in this Schedule to a debtor who is of interest to the Prudential Regulation Authority are references to a debtor who—\n(a) is, or has been, a PRA-authorised person within the meaning of the Financial Services and Markets Act 2000; or\n(b) is carrying on, or has carried on, a PRA-regulated activity within the meaning of the Financial Services and Markets Act 2000 in contravention of the general prohibition.”;\n(bb) in sub-paragraph (7), for “sub-paragraph (6)” substitute “sub-paragraphs (6) and (6A)”;\n(ii) in paragraph 21(2)—\n(aa) at the end of paragraph (h) omit “and”;\n(bb) for paragraph (i) substitute—\n“(i) if the debtor is a debtor who is of interest to the Financial Conduct Authority, on that Authority; and\n(j) if the debtor is a debtor who is of interest to the Prudential Regulation Authority, on that Authority.”;\n(iii) for paragraph 25(1)(i) substitute—\n“(i) if the debtor is a debtor who is of interest to the Financial Conduct Authority, that Authority;\n(ia) if the debtor is a debtor who is of interest to the Prudential Regulation Authority, that Authority; and”;\n(iv) for paragraph 26(3)(g) substitute—\n“(g) if the debtor is a debtor who is of interest to the Financial Conduct Authority, to that Authority;\n(ga) if the debtor is a debtor who is of interest to the Prudential Regulation Authority, to that Authority;”;\n(b) in Schedule 3 (procedural matters in Scotland)—\n(i) in paragraph 1—\n(aa) for sub-paragraph (3) substitute—\n“(3) References in this Schedule to a debtor who is of interest to the Financial Conduct Authority are references to a debtor who—\n(a) is, or has been, an authorised person within the meaning of the Financial Services and Markets Act 2000;\n(b) is, or has been, an appointed representative within the meaning of section 39 of the Financial Services and Markets Act 2000; or\n(c) is carrying on, or has carried on, a regulated activity in contravention of the general prohibition.\n(3A) References in this Schedule to a debtor who is of interest to the Prudential Regulation Authority are references to a debtor who—\n(a) is, or has been, a PRA-authorised person within the meaning of the Financial Services and Markets Act 2000; or\n(b) is carrying on, or has carried on, a PRA-regulated activity within the meaning of the Financial Services and Markets Act 2000 in contravention of the general prohibition.”;\n(bb) in sub-paragraph (4), for “sub-paragraph (3)” substitute “sub-paragraphs (3) and (3A)”;\n(ii) for paragraph 6(1)(i) substitute—\n“(i) if the debtor is a debtor who is of interest to the Financial Conduct Authority, that Authority;\n(ia) if the debtor is a debtor who is of interest to the Prudential Regulation Authority, that Authority; and”;\n(iii) for paragraph 7(3)(g) substitute—\n“(g) if the debtor is a debtor who is of interest to the Financial Conduct Authority, to that Authority;\n(ga) if the debtor is a debtor who is of interest to the Prudential Regulation Authority, to that Authority; and”;\n(c) in Schedule 5 (forms), in form ML6, for “Financial Services Authority” in each place substitute “Financial Conduct Authority and, where relevant, the Prudential Regulation Authority”.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 2 para. 116 in force at 1.4.2013, see art. 1(1)"
    },
    {
      "type": "footnote",
      "label": "f1",
      "text": "S.I. 2006/1030, amended by S.I. 2009/1941."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2013/472/schedule/2/paragraph/116",
    "retrieved_at": "2026-10-29T01:02:28.872417+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."
}