- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
2.—(1) The Payment and Electronic Money Institution Insolvency (England and Wales) Rules 2021(1) are amended as follows.
(2) In rule 22(7)—
(a)in the opening words, for “any”, in the second place it occurs, substitute “such”; and
(b)for sub-paragraph (d) substitute—
“(d)other matters,
as it thinks just.”.
(3) In rule 26(2)(p), for the words from “paragraph (4)” to the end substitute “paragraph (6)”.
(4) In rule 27(7)—
(a)in the opening words, for “any”, in the second place it occurs, substitute “such”; and
(b)for sub-paragraph (d) substitute—
“(d)other matters,
as it thinks just.”.
(5) In rule 32(4), for “will state” substitute “must state”.
(6) In rule 34(2)(d), for “a manners” substitute “manner”.
(7) In rule 80(6), for “venue”, in both places it occurs, substitute “place”.
(8) In rule 115, in paragraphs (3) and (4), for “either under” in both cases substitute “under either”.
(9) In rule 174(2)(e), for “or” substitute “nor a”.
(10) In rule 175(b), after “State,”, insert “to”.
(11) For the heading of rule 291 substitute “Venue” (and amend the table of contents accordingly).
(12) In rule 291—
(a)omit paragraph (1); and
(b)in paragraph (2), for sub-paragraph (c)(ii) and (iii) substitute—
“(ii)in the case of a meeting to be conducted and held in accordance with rule 80(2) or section 246A(3) of the IA 1986, is to the time and date for the meeting and the arrangements the administrator proposes to enable persons to exercise their rights to speak and vote at the meeting.”.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: