SCHEDULES

C2C1F1SCHEDULE ZA1Moratorium: Eligible companies

Annotations:
Amendments (Textual)
Modifications etc. (not altering text)

7Companies that are party to market contracts or subject to market charges, etc

1

A company is excluded from being eligible if it is a party to a market contract for the purposes of Part 7 of the Companies Act 1989 (see section 155 of that Act).

2

A company is excluded from being eligible if any of its property is subject to a market charge for the purposes of Part 7 of the Companies Act 1989 (see section 173 of that Act).

3

A company is excluded from being eligible if any of its property is subject to a charge that is a system-charge, within the meaning of the Financial Markets and Insolvency Regulations 1996 (S.I. 1996/1469) (see regulation 2 of those Regulations).