{
  "url": "https://openlegislation.uk/financial-services-and-markets-act-2000-markets-in-financial-instruments-regulations-2017/schedule-2/paragraph-25",
  "json_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-markets-in-financial-instruments-regulations-2017/schedule-2/paragraph-25.json",
  "legislation": "uksi/2017/701",
  "legislation_title": "The Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2017",
  "legislation_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-markets-in-financial-instruments-regulations-2017",
  "path": "schedule/2/paragraph/25",
  "kind": "paragraph",
  "number": "25",
  "heading": null,
  "text": "(1) Section 215 (rights of the scheme in insolvency) is amended as follows.\n(2) In subsection (3) for the words from “a company” to the end substitute—\n“(a) a company or partnership which is a relevant person; or\n(b) a body corporate or unincorporated association which is a relevant exchange;\nthe scheme manager has the same rights as are conferred on the regulators by section 362.”.\n(3) In subsection (4) after “relevant person” insert “ or relevant exchange ”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "M",
      "label": "M1",
      "text": "Section 215 was amended by paragraph 54(2) of the Enterprise Act 2002 (c.40), S.I. 2005/1455, and paragraph 5 of Schedule 10 to the Financial Services Act 2012; there are other amendments but none is relevant."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2017/701/schedule/2/paragraph/25",
    "retrieved_at": "2026-10-28T23:10:02.096065+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."
}