Paragraph 27

(1)

Section 220 M1 (scheme manager's power to inspect information held by liquidator etc.) is amended as follows.

(2)

In subsection (1) after “relevant person” insert “ or insolvent relevant exchange ”.

(3)

In subsection (3)—

(a)

in paragraph (a) after “relevant person” insert “ or insolvent relevant exchange ”; and

(b)

in paragraph (b) after “relevant person” insert “ or insolvent relevant exchange ”.

(4)

In subsection (5)—

(a)

after “ “relevant person”” insert “ and “relevant exchange” ”; and

(b)

for “has” substitute “ have ”.

Annotations

M1: Section 220 was amended by section 123(3) of the Banking Act 2009, S.I. 2009/805, and S.I. 2016/1034.

F1: Regulations revoked (14.12.2023 for the revocation of reg. 51) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pt. 2 (with s. 1(4)); S.I. 2023/1382, reg. 2(c)(xviii)