# Insolvency Act 1986, Paragraph 10: Regulated business

Extent: E+W+S

(1) For the purposes of section 72D a business is regulated if it is carried on—
(a) in reliance on a licence granted to a person under section 7 of the Telecommunications Act 1984 (c. 12) (telecommunications service),
(b) in reliance on a licence under section 7 , 7A or 7B of the Gas Act 1986 (c. 44) (transport and supply of gas),
(c) in reliance on a licence granted by virtue of section 41C of that Act (power to prescribe additional licensable activity),
(d) in reliance on a licence under section 6 of the Electricity Act 1989 (c. 29) (supply of electricity),
(e) by a water undertaker,
(f) by a sewerage undertaker,
(g) by a universal service provider within the meaning of Part 3 of the Postal Services Act 2011,
(h) by a Post Office company within the meaning of Part 1 of that Act,
(i) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(j) in reliance on a licence under section 8 of the Railways Act 1993 (c. 43) (railway services),
(k) in reliance on a licence exemption under section 7 of that Act (subject to sub-paragraph (2) below),
(l) by the operator of a system of transport which is deemed to be a railway for a purpose of Part I of that Act by virtue of section 81(2) of that Act (tramways, &c.), . . .
(m) by the operator of a vehicle carried on flanged wheels along a system within paragraph (l) or
(n) in reliance on a railway undertaking licence granted pursuant to the Railway (Licensing of Railway Undertakings) Regulations 2005 or a relevant European licence.
(2) Sub-paragraph (1)(k) does not apply to the operator of a railway asset on a railway unless on some part of the railway there is a permitted line speed exceeding 40 kilometres per hour.
(2A) For the purposes of section 72D a business is also regulated to the extent that it consists in the provision of a public electronic communications network or a publicelectronic communications service.
(3) In sub-paragraph (1)(n) “relevant European licence” has the meaning given by section 6(2) of the Railways Act 1993.
(2B) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

---
Source: https://www.legislation.gov.uk/ukpga/1986/45/schedule/2A/paragraph/10 (the official version)
Page: https://openlegislation.uk/insolvency-act-1986/schedule-2A/paragraph-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.