Statutory Instruments
2021 No. 1178
Financial Services And Markets
Insolvency
The Payment and Electronic Money Institution Insolvency (England and Wales) Rules 2021
Made
21st October 2021
Laid before Parliament
22nd October 2021
Coming into force
12th November 2021
The Lord Chancellor makes the following Rules, in exercise of the powers conferred by section 411(1A)(a), (2), (2C) and (3) of the Insolvency Act 1986(1), as applied by the Payment and Electronic Money Institution Insolvency Regulations 2021(2).
The Treasury concur in the making of these Rules.
The Chancellor of the High Court (by the authority of the Lord Chief Justice under section 411(7) of the Insolvency Act 1986) concurs in the making of these Rules in so far as they affect court procedure.
Before making these Rules, the Lord Chancellor consulted the committee existing for the purposes of section 413 of the Insolvency Act 1986.