# Insolvency Act 1986, Paragraph 5: Spot contracts


(1) This paragraph applies to—
(a) a spot contract, and
(b) a master agreement for spot contracts.
(2) “Spot contract” has the meaning given by Article 7(2) or 10(2) of Commission Delegated Regulation of 25.4.2016 supplementing Directive 2014/65/EU of the European Parliament and of the Council as regards organisational requirements and operating conditions for investment firms and defined terms for the purposes of that Directive.

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Source: https://www.legislation.gov.uk/ukpga/1986/45/schedule/ZA2/paragraph/5 (the official version)
Page: https://openlegislation.uk/insolvency-act-1986/schedule-ZA2/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.