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The Risk Transformation Regulations 2017

Changes over time for: Section 182

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Point in time view as at 08/12/2017.

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Restoration: who may applyU.K.

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182.—(1) An application under regulation 181(1) may be made by—

(a)any person who would have been entitled to receive notice of the cell's dissolution under regulation 178(2);

(b)the protected cell company;

(c)a director of the protected cell company;

(d)a former administrator or liquidator of the cell; or

(e)any other person appearing to have an interest in the matter.

(2) An application under regulation 181(2) may be made by—

(a)a person who is entitled to make an application under regulation 181(1) for the restoration of a cell which formed part of the protected cell company;

(b)a former director of the protected cell company;

(c)a person who would, but for the dissolution of the protected cell company, have been—

(i)a creditor of the protected cell company; or

(ii)in a contractual relationship with the protected cell company;

(d)a person with a potential legal claim against the protected cell company;

(e)a person having an interest in land or other property—

(i)in which the protected cell company had a superior or derivative interest;

(ii)that was subject to rights vested in the protected cell company; or

(iii)that received the benefit of obligations owed by the protected cell company;

(f)a person who held shares issued on behalf of the core of the protected cell company immediately prior to the dissolution of the protected cell company;

(g)a former administrator or liquidator of the core of the protected cell company;

(h)the FCA;

(i)the PRA; or

(j)any other person appearing to have an interest in the matter.

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