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Schedule 2 POWERS OF LIQUIDATOR IN A WINDING UPC1C2

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

  1. IPOWERS EXERCISABLE WITH SANCTION
  2. IIPOWERS EXERCISABLE WITHOUT SANCTION IN VOLUNTARY WINDING UP, WITH SANCTION IN WINDING UP BY THE HIGH COURT
  3. IIIPOWERS EXERCISABLE WITHOUT SANCTION IN ANY WINDING UP

Annotations

Modifications

C1

Sch. 2 applied (with modifications) (4.1.2024) by S.I. 2021/716, reg. 37A (as inserted by The Payment and Electronic Money Institution Insolvency (Amendment) Regulations 2023 (S.I. 2023/1399), regs. 1(2), 12)

C2

Sch. 2 applied (with modifications) (4.1.2024) by S.I. 2021/716, Sch. 2A para. 6 (as inserted by The Payment and Electronic Money Institution Insolvency (Amendment) Regulations 2023 (S.I. 2023/1399), reg. 1(2), Sch. 2)