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The Insolvency Act 1986 (Amendment) (Administrative Receivership and Capital Market Arrangements) Order 2003

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Amendments to Schedule 2A to the Insolvency Act 1986

2.  In paragraph 1(1) of Schedule 2A to the Insolvency Act 1986 (capital market arrangement) after paragraph (a) insert—

(aa)it involves a grant of security to—

(i)a party to the arrangement who issues a capital market investment, or

(ii)a person who holds the security as trustee for a party to the arrangement in connection with the issue of a capital market investment, or

(ab)it involves a grant of security to a person who holds the security as trustee for a party to the arrangement who agrees to provide finance to another party, or

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