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The Insurers (Reorganisation and Winding Up) (Lloyd's) Regulations 2005 is up to date with all changes known to be in force on or before 28 November 2024. There are changes that may be brought into force at a future date.
Revised legislation carried on this site may not be fully up to date. Changes and effects are recorded by our editorial team in lists which can be found in the ‘Changes to Legislation’ area. Where those effects have yet to be applied to the text of the legislation by the editorial team they are also listed alongside the affected provisions when you open the content using the Table of Contents below.
PART 2 LLOYD'S MARKET REORGANISATION ORDER
15.Reorganisation controller's powers: voluntary arrangements in respect of a member
16.Reorganisation controller's powers: individual voluntary arrangements in respect of a member
17.Reorganisation controller's powers: trust deeds for creditors in Scotland
18.Powers of reorganisation controller: section 899 compromise or arrangement
19.Appointment of an administrator, receiver or interim trustee in relation to a member
20.Reorganisation controller's powers: administration orders in respect of members
21.Reorganisation controller's powers: receivership in relation to members
23.Voluntary winding up of members: consent of reorganisation controller
24.Voluntary winding up of members: powers of reorganisation controller
25.Petition for winding up of a member by reorganisation controller
26.Winding up of a member: powers of reorganisation controller
27.Petition for bankruptcy of a member by reorganisation controller
28.Bankruptcy of a member: powers of reorganisation controller
29.Petition for winding up of the Society by reorganisation controller
30.Winding up of the Society: service of petition etc. on reorganisation controller
PART 3 MODIFICATION OF LAW OF INSOLVENCY: NOTIFICATION AND PUBLICATION
PART 4 APPLICATION OF PARTS 4 AND 5 OF THE PRINCIPAL REGULATIONS
41.Treatment of liabilities arising in connection with a contract subject to reinsurance to close
43.Application of Part 4 of the principal Regulations: protection of settlements
44.Challenge by reorganisation controller to conduct of insolvency practitioner
46.Modification of provisions in Part 5 of the principal Regulations
47.Application of Part 5 of the principal Regulations: protection of dispositions etc. made before a Lloyd's market reorganisation order comes into force
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