The Payment and Electronic Money Institution Insolvency (England and Wales) Rules 2021

Application of Chapter 8

This adran has no associated Memorandwm Esboniadol

218.—(1) The rules in this Chapter apply where in a special administration it appears to the court that a person affected by the proceedings is unable to manage and administer that person’s own property and affairs by reason of:

(a)lacking capacity within the meaning of the Mental Capacity Act 2005(1),

(b)suffering from a physical affliction, or

(c)disability.

(2) Such a person is referred to in this Chapter as “the incapacitated person”.