The Collective Investment in Transferable Securities (Contractual Scheme) Regulations 2013 No. 1388

SCHEDULE 4 Co-ownership schemes: application of the Insolvency (Scotland) Rules 1986

PART 1 Application of Rules with modifications

1.  In relation to the winding up of a relevant scheme by the Court of Session under the 1986 Act, Rule 0.2 (interpretation) and Parts 4 and 7 of the Insolvency (Scotland) Rules 1986(1), in so far as they apply to the winding up of an unregistered company, apply with—

(a) the general modifications set out in paragraph 2;

(b) any other modification specified in the Table in Part 2 of this Schedule; and

(c) any other necessary modification.

(1)

S.I. 1986/1915 as amended by S.I. 1987/1921, 1999/1820, 2006/734, 2010/688, 2012/2404 and S.S.I. 2008/393. There are other amendments not relevant to these Regulations.