# Insolvency Act 1986, Paragraph 10: Contracts secured by certain charges or arrangements


This paragraph applies to a contract where any obligation under the contract is—
(a) secured by a market charge within the meaning of Part 7 of the Companies Act 1989 (see section 173 of that Act),
(b) secured by a system-charge within the meaning of the Financial Markets and Insolvency Regulations 1996 (S.I. 1996/1469) (see regulation 2 of those Regulations), or
(c) secured or otherwise covered by a financial collateral arrangement within the meaning of the Financial Collateral Arrangements (No. 2) Regulations 2003 (S.I. 2003/3226) (see regulation 3 of those Regulations).

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Source: https://www.legislation.gov.uk/ukpga/1986/45/schedule/ZA2/paragraph/10 (the official version)
Page: https://openlegislation.uk/insolvency-act-1986/schedule-ZA2/paragraph-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.