# Insolvency Act 1986, Section 72F: Fifth exception: financial market


Section 72A does not prevent the appointment of an administrative receiver of a company by virtue of—
(a) a market charge within the meaning of section 173 of the Companies Act 1989 (c. 40),
(b) a system-charge within the meaning of the Financial Markets and Insolvency Regulations 1996 (S.I. 1996/1469),
(c) a collateral security charge within the meaning of the Financial Markets and Insolvency (Settlement Finality) Regulations 1999 (S.I. 1999/2979).

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Source: https://www.legislation.gov.uk/ukpga/1986/45/section/72F (the official version)
Page: https://openlegislation.uk/insolvency-act-1986/section-72F
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.