{
  "url": "https://openlegislation.uk/payment-and-electronic-money-institution-insolvency-regulations-2021/schedule-2A/paragraph-7",
  "json_url": "https://openlegislation.uk/payment-and-electronic-money-institution-insolvency-regulations-2021/schedule-2A/paragraph-7.json",
  "legislation": "uksi/2021/716",
  "legislation_title": "The Payment and Electronic Money Institution Insolvency Regulations 2021",
  "legislation_url": "https://openlegislation.uk/payment-and-electronic-money-institution-insolvency-regulations-2021",
  "path": "schedule/2A/paragraph/7",
  "kind": "paragraph",
  "number": "7",
  "heading": null,
  "text": "Article 16 of the IPO (NI) 1995 applies to an institution which is formed as a partnership—\n(a) reading Article 16 as if the reference to being wound up under the I(NI)O 1989 were to entering special administration;\n(b) reading the reference to the provisions of the CDD(NI)O 2002 as if it were a reference to—\n(i) Articles 3, 4, 12 to 14, 19C and 23 of that Order as applied and modified by regulation 46A, and\n(ii) the versions of Articles 9 to 11, 18 to 19 and 21 of and Schedule 1 to that Order set out in Schedule 8 to the IPO (NI) 1995, reading those versions as if they were modified by regulation 46A,\nsubject to the further general modifications of the provisions mentioned in sub-paragraphs (a) and (b) in paragraph 8.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Sch. 2A inserted (4.1.2024) by The Payment and Electronic Money Institution Insolvency (Amendment) Regulations 2023 (S.I. 2023/1399), reg. 1(2), Sch. 2"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2021/716/schedule/2A/paragraph/7",
    "retrieved_at": "2026-10-28T22:12:14.338342+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}