The Payment and Electronic Money Institution Insolvency (Amendment) Regulations 2023
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Change 1
20 Further provision on special administration: Schedules 1 and 2
(1) In regulation 47— (a) in paragraph (1), after “and Wales” insert “or the law of Scotland”; (b) after paragraph (1) insert— (1A) Schedule 1A makes further provision about how special administration applies to limited liability partnerships formed under the law of Northern Ireland. ; (c) after paragraph (2), insert— (2A) Schedule 2A makes further provision about how special administration applies to partnerships formed under the law of Northern Ireland. . (2) In Schedule 1— (a) in the heading, after “English/Welsh” insert “/Scottish”; (b) in paragraph 1, after Wales, insert “or Scotland”; (c) for paragraph 2, substitute— 2. In this Schedule— (a) the “LLPR 2001” means the Limited Liability Partnerships Regulations 2001; (b) the “LLP(S)R 2001” means the Limited Liability Partnerships (Scotland) Regulations 2001. ; (d) in the Table following paragraph 3— (i) in the first line, after “LLPR 2001” insert “in relation to limited liability partnerships established under the law of England and Wales”; (ii) after the first line, insert— Those mentioned in regulation 4(2) of the LLP(S)R 2001, in relation to limited liability partnerships established under the law of Scotland | Those set out in regulation 4(2) of the LLP (Scotland) Regulations (except regulation 4(2)(e) of those Regulations). . (3) After Schedule 1, insert Schedule 1A, as set out in Schedule 1 to these Regulations. (4) In Table 2 after paragraph 6 of Schedule 2, in column 3 of the entry for paragraph 84 (version in Schedule 2, paragraph 28), in paragraph (b), for “sub-paragraph (5)” substitute “sub-paragraph (4)”. (5) After Schedule 2, insert Schedule 2A, as set out in Schedule 2 to these Regulations.
20 Further provision on special administration: Schedules 1 and 2
(1) In regulation 47— (a) in paragraph (1), after “and Wales” insert “or the law of Scotland”; (b) after paragraph (1) insert— (1A) Schedule 1A makes further provision about how special administration applies to limited liability partnerships formed under the law of Northern Ireland. ; (c) after paragraph (2), insert— (2A) Schedule 2A makes further provision about how special administration applies to partnerships formed under the law of Northern Ireland. . (2) In Schedule 1— (a) in the heading, after “English/Welsh” insert “/Scottish”; (b) in paragraph 1, after Wales, insert “or Scotland”; (c) for paragraph 2, substitute— 2. In this Schedule— (a) the “LLPR 2001” means the Limited Liability Partnerships Regulations 2001; (b) the “LLP(S)R 2001” means the Limited Liability Partnerships (Scotland) Regulations 2001. ; (d) in the Table following paragraph 3— (i) in the first line, after “LLPR 2001” insert “in relation to limited liability partnerships established under the law of England and Wales”; (ii) after the first line, insert— Those mentioned in regulation 4(2) of the LLP(S)R 2001, in relation to limited liability partnerships established under the law of Scotland | Those set out in regulation 4(2) of the LLP (Scotland) Regulations (except regulation 4(2)(e) of those Regulations). . (3) After Schedule 1, insert Schedule 1A, as set out in Schedule 1 to these Regulations. (4) In Table 2 after paragraph 6 of Schedule 2, in column 3 of the entry for paragraph 84 (version in Schedule 2, paragraph 28), in paragraph (b), for “sub-paragraph (5)” substitute “sub-paragraph (4)”. (5) After Schedule 2, insert Schedule 2A, as set out in Schedule 2 to these Regulations.
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