The Payment and Electronic Money Institution Insolvency (Amendment) Regulations 2023
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Change 1
5 Definitions
(1) Regulation 6 is amended as follows. (2) In the table of definitions— (a) after the definition of “CDDA 1986”, insert— CDD(NI)O 2002 | Company Directors Disqualification (Northern Ireland) Order 2002 (b) after the definition of “IA 1986”, insert— I(NI)O 1989 | Insolvency (Northern Ireland) Order 1989 (3) The entries identified in the first column of the following Table are amended as specified in the second column— Entry | Amendment Contributory | At the beginning, insert “(a) in England and Wales and Scotland,”; at the end insert— , and (b) in Northern Ireland, has the same meaning as in the I(NI)O 1989 (see Article 13 of that Order) as applied and modified by these Regulations Court | After “England and Wales” insert “and in Northern Ireland” Enactment | After paragraph (b), but before the “and” at the end of that paragraph, insert— (ba) an enactment contained in, or in an instrument made under, Northern Ireland legislation, special administration insolvency rules | For the existing entry, substitute— (a) in relation to special administrations in England and Wales, or Scotland, means rules made under section 411 of the IA 1986, (b) in relation to special administrations in Northern Ireland, means rules made under Article 359 of the I(NI)O 1989, in each case as applied and modified by these Regulations to give effect to these Regulations. Schedule B1 | for the existing entry, substitute— (a) in relation to special administrations in England and Wales, or Scotland, means Schedule B1 to the IA 1986; (b) in relation to special administrations in Northern Ireland, means Schedule B1 to the I(NI)O 1989. Schedule B1 administration order | For “that Schedule” substitute “Schedule B1 to the IA 1986 and paragraph 11 of Schedule B1 to the I(NI)O 1989” statement of proposals | After “Schedule B1” insert “to the IA 1986 or paragraph 50 of Schedule B1 to the I(NI)O 1989”
5 Definitions
(1) Regulation 6 is amended as follows. (2) In the table of definitions— (a) after the definition of “CDDA 1986”, insert— CDD(NI)O 2002 | Company Directors Disqualification (Northern Ireland) Order 2002 (b) after the definition of “IA 1986”, insert— I(NI)O 1989 | Insolvency (Northern Ireland) Order 1989 (3) The entries identified in the first column of the following Table are amended as specified in the second column— Entry | Amendment Contributory | At the beginning, insert “(a) in England and Wales and Scotland,”; at the end insert— , and (b) in Northern Ireland, has the same meaning as in the I(NI)O 1989 (see Article 13 of that Order) as applied and modified by these Regulations Court | After “England and Wales” insert “and in Northern Ireland” Enactment | After paragraph (b), but before the “and” at the end of that paragraph, insert— (ba) an enactment contained in, or in an instrument made under, Northern Ireland legislation, special administration insolvency rules | For the existing entry, substitute— (a) in relation to special administrations in England and Wales, or Scotland, means rules made under section 411 of the IA 1986, (b) in relation to special administrations in Northern Ireland, means rules made under Article 359 of the I(NI)O 1989, in each case as applied and modified by these Regulations to give effect to these Regulations. Schedule B1 | for the existing entry, substitute— (a) in relation to special administrations in England and Wales, or Scotland, means Schedule B1 to the IA 1986; (b) in relation to special administrations in Northern Ireland, means Schedule B1 to the I(NI)O 1989. Schedule B1 administration order | For “that Schedule” substitute “Schedule B1 to the IA 1986 and paragraph 11 of Schedule B1 to the I(NI)O 1989” statement of proposals | After “Schedule B1” insert “to the IA 1986 or paragraph 50 of Schedule B1 to the I(NI)O 1989”
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