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The Payment and Electronic Money Institution Insolvency (Amendment) Regulations 2023

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Amendments to Schedule 3

This section has no associated Explanatory Memorandum

21.—(1) Schedule 3 is amended as follows.

(2) In the list of primary legislation in paragraph 2—

(a)after “Taxes Management Act 1970(1)” insert—

Land Registration Act (Northern Ireland) 1970(2);

(b)after “Prescription and Limitation (Scotland) Act 1973(3)”, insert—

Judgments Enforcement (Northern Ireland) Order 1981(4);

(c)after “Companies Act 1989(5)” insert—

Companies (No. 2) (Northern Ireland) Order 1990(6);

(d)after “Pension Schemes Act 1993(7)” insert—

Pension Schemes (Northern Ireland) Act 1993(8);

(e)after “Pensions Act 1995(9)” insert—

Pensions (Northern Ireland) Order 1995(10);

(f)after “Employment Rights Act 1996(11)” insert—

Employment Rights (Northern Ireland) Order 1996(12);

(g)after “Pensions Act 2004(13)” insert—

Pensions (Northern Ireland) Order 2005(14).

(3) In the list of secondary legislation in paragraph 2—

(a)after “Statutory Maternity Pay (General) Regulations 1986(15)” insert—

Statutory Maternity Pay (General) (Northern Ireland) Regulations 1987(16);

(b)after “Financial Markets and Insolvency Regulations 1991(17)” insert—

Financial Markets and Insolvency Regulations (Northern Ireland) 1991(18)

Land Registration Rules (Northern Ireland) 1994(19);

(c)omit “Non-Domestic Rating (Unoccupied Property) (Scotland) Regulations 1994(20)”;

(d)before “Insolvent Companies (Reports on Conduct of Directors) Rules 1996(21)” insert—

Insolvency Regulations (Northern Ireland) 1996(22);

(e)after “Financial Markets and Insolvency Regulations 1996(23)” insert—

Financial Markets and Insolvency Regulations (Northern Ireland) 1996(24);

(f)after “Statutory Paternity Pay and Statutory Adoption Pay (General) Regulations 2002(25)” insert—

Statutory Paternity Pay and Statutory Adoption Pay (General) Regulations (Northern Ireland) 2002(26);

(g)after “Financial Collateral Arrangements (No. 2) Regulations 2003(27)” insert—

Insolvent Companies (Reports on Conduct of Directors) Rules (Northern Ireland) 2003(28)

Insolvent Companies (Disqualification of Unfit Directors) Proceedings Rules (Northern Ireland) 2003(29);

(h)after “Pension Protection Fund (Entry Rules) Regulations 2005(30)”—

Pension Protection Fund (Entry Rules) Regulations (Northern Ireland) 2005(31);

(i)after “Financial Assistance Scheme Regulations 2005(32)” insert—

Insolvency Practitioners Regulations (Northern Ireland) 2006(33);

(j)omit “Registrar of Companies (Fees), (Companies, Overseas Companies and Limited Liability Partnerships) Regulations 2009(34)”;

(k)after “Additional Statutory Paternity Pay (General) Regulations 2010”, insert—

Additional Statutory Paternity Pay (General) Regulations (Northern Ireland) 2010(35);

Registrar of Companies (Fees) Companies, Overseas Companies and Limited Liability Partnerships) Regulations 2012(36);

(l)after “Statutory Parental Bereavement Pay (General) Regulations 2020(37)”, insert—

Statutory Parental Bereavement Pay (General) Regulations (Northern Ireland) 2023(38).

(4) In paragraph 3—

(a)in sub-paragraph (d), after “IA 1986” insert “or the I(NI)O 1989”;

(b)in sub-paragraph (i), after “IA 1986” insert “or Article 3 of the I(NI)O 1989”;

(c)in sub-paragraph (j), after “IA 1986” insert “and the I(NI)O 1989”;

(d)in sub-paragraph (k), before paragraph (i), insert—

(ai)the Insolvency Rules (Northern Ireland) 1991(39);;

(e)in sub-paragraph (l), after “IA 1986” insert “or Article 6 of the I(NI)O 1989”;

(f)in sub-paragraph (m), after “IA 1986” insert “or the I(NI)O 1989”.

(5) In the heading to paragraph 4, after “2004” insert “and the Pensions (Northern Ireland) Order 2005”.

(6) In paragraph 4—

(a)renumber the existing paragraph as sub-paragraph (1);

(b)after sub-paragraph (1) as so renumbered, insert—

(2) In the Pensions (Northern Ireland) Order 2005, in Article 105(3)(d), the reference to entering administration within the meaning of paragraph 2(2)(b) of Schedule B1 to the I(NI)O 1989 is to be read as if it were to entering special administration..

(7) In paragraph 5—

(a)in sub-paragraph (b)—

(i)after “IA 1986” insert “and to the I(NI)O 1989”;

(ii)for “that Act” substitute “that legislation”;

(b)in sub-paragraph (c)—

(i)at the end of paragraph (i), omit “or”;

(ii)omit paragraph (ii).

(8) For paragraph 6 and the preceding heading, substitute—

Land Registration Rules

6.  The following provisions are to be read as if the reference to administration were to special administration—

(a)rule 166(1) of the Land Registration Rules (Northern Ireland) 1994, and

(b)rule 184(1) of the Land Registration Rules 2003..

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