# The Insolvency (Northern Ireland) Order 1989, Paragraph 10


This paragraph applies to a contract where any obligation under the contract is—
(a) secured by a market charge within the meaning of Part 5 of the Companies (No.2) (Northern Ireland) Order 1990 (see Article 95 of that Order),
(b) secured by a system-charge within the meaning of the Financial Markets and Insolvency Regulations (Northern Ireland) 1996 (S.R. (N.I.) 1996/252) (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/nisi/1989/2405/schedule/ZA2/paragraph/10 (the official version)
Page: https://openlegislation.uk/insolvency-northern-ireland-order-1989/schedule-ZA2/paragraph-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

