Version Superseded: 01/06/1998
Point in time view as at 01/02/1991. This version of this provision has been superseded.
Insolvency Act 1986, Section 422 is up to date with all changes known to be in force on or before 01 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
(1)The Secretary of State may, by order made with the concurrence of the Treasury and after consultation with the Bank of England, provide that such provisions in the first Group of Parts as may be specified in the order shall apply in relation to [F1authorised institutions and former authorised institutions within the meaning of the Banking Act 1987] with such modifications as may be so specified.
(2)An order under this section may make different provision for different cases and may contain such incidental, supplemental and transitional provisions as may appear to the Secretary of State necessary or expedient.
(3)An order under this section shall be made by statutory instrument subject to annulment in pursuance of a resolution of either House of Parliament.
Textual Amendments
F1Words substituted by Banking Act 1987 (c. 22, SIF 10), s. 108(1), Sch. 6 para. 25(2)
Modifications etc. (not altering text)
C1S. 422 extended by Company Directors Disqualification Act 1986 (c. 46, SIF 27), ss. 21(2), 25
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