OpenLegislation

Paragraph 165 Modified application of corporate law to CCPs in resolutionI1I2

United Kingdom

(1)

The Treasury may by regulations provide for a relevant enactment to apply for the purposes of this Schedule with or without modifications.

(2)

In this paragraph “relevant enactment” means any provision made by or under—

(a)

the Company Directors Disqualification Act 1986;

(b)

the Insolvency Act 1986;

(c)

FSMA 2000;

(d)

the Companies Act 2006;

(e)

the Banking Act 2009;

(f)

the Bank Recovery and Resolution (No.2) Order 2014 (S.I. 2014/3348);

(g)

the Insolvency (Northern Ireland) Order 1989 (S.I. 1989/2405 (N.I. 19));

(h)

the Company Directors Disqualification (Northern Ireland) Order 2002 (S.I. 2002/3150 (N.I. 4)).

(3)

Regulations under this paragraph are subject to the affirmative procedure.

Annotations

Commencement

I1

Sch. 11 para. 165 not in force at Royal Assent, see s. 86(3)

I2

Sch. 11 para. 165 in force at 29.8.2023 by S.I. 2023/779, reg. 4(ddd)(xiv)