# The Insurers (Reorganisation and Winding Up) (Lloyd's) Regulations 2005, Regulation 18: Powers of reorganisation controller: section 899 compromise or arrangement

Extent: E+W+S+N.I.

(1) The reorganisation controller may apply to the court for an order that a meeting or meetings be summoned under section 896(1) of the 2006 Act (court order for holding of meeting) in connection with a compromise or arrangement in relation to a member or former member.
(2) Where a member, its creditors or members make an application under section 896(1) the reorganisation controller is entitled to attend and be heard at any hearing.
(3) Where a meeting is summoned under section 896(1), the reorganisation controller is entitled to attend the meeting so summoned and to participate in it (but not to vote at it).

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Source: https://www.legislation.gov.uk/uksi/2005/1998/regulation/18 (the official version)
Page: https://openlegislation.uk/insurers-reorganisation-and-winding-up-lloyds-regulations-2005/regulation-18
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.