http://www.legislation.gov.uk/ukpga/1986/45/section/58Insolvency Act 1986An Act to consolidate the enactments relating to company insolvency and winding up (including the winding up of companies that are not insolvent, and of unregistered companies); enactments relating to the insolvency and bankruptcy of individuals; and other enactments bearing on those two subject matters, including the functions and qualification of insolvency practitioners, the public administration of insolvency, the penalisation and redress of malpractice and wrongdoing, and the avoidance of certain transactions at an undervalue1986-07-25texttext/xmlenStatute Law Database2024-05-21Expert Participation2024-03-15 Part III ReceivershipChapter II Receivers (Scotland) Remuneration of receiver.581The remuneration to be paid to a receiver is to be determined by agreement between the receiver and the holder of the floating charge by virtue of which he was appointed.2Where the remuneration to be paid to the receiver has not been determined under subsection (1), or where it has been so determined but is disputed by any of the persons mentioned in paragraphs (a) to (d) below, it may be fixed instead by the Auditor of the Court of Session on application made to him by—athe receiver;bthe holder of any floating charge or fixed security over all or any part of the property of the company;cthe company; ordthe liquidator of the company.3Where the receiver has been paid or has retained for his remuneration for any period before the remuneration has been fixed by the Auditor of the Court of Session under subsection (2) any amount in excess of the remuneration so fixed for that period, the receiver or his personal representatives shall account for the excess.Ss. 55-58 applied (with modifications) (6.4.2001) by S.S.I. 2001/128, reg. 4(1), Sch. 2Pts. 1-7 (ss. 1-251) applied (with modifications) by S.I. 1989/1276, arts. 2, 3Pt. 3 applied (with modifications) (4.4.2006) by The Cross-Border Insolvency Regulations 2006 (S.I. 2006/1030), reg. 3Pt. 3 (ss. 28-72) extended by S.I. 1989/638, regs. 19(1), 21First Group of Parts (Pts. 1-7) applied (with modifications) (15.12.2006) by The Banks (Former Authorised Institutions) (Insolvency) Order 2006 (S.I. 2006/3107), art. 3, Sch. (as amended (1.4.2013) by S.I. 2013/472, art. 1(1), Sch. 2 para. 117; and (13.3.2018) by S.I. 2018/208, regs. 1(3), 11Pt. 3: power to apply or incorporate conferred (6.4.2001) by 2000 c. 12, s. 14; S.I. 2000/3316, art. 2Pt. 3 applied (with modifications) by Building Societies Act 1986 (1986 c. 53), Sch. 15A Pt. 2 (as amended (28.6.2016) by S.I. 2016/679, art. 1(1)(4), 4(2)(3); and (13.3.2018) by S.I. 2018/208, regs. 1(3), 2(3))Pts. 1-4 applied in part (with modifications) (E.W.) (2.1.2013) by The Charitable Incorporated Organisations (Insolvency and Dissolution) Regulations 2012 (S.I. 2012/3013), reg. 1, Sch. para. 1(2)(a)(3)-(7) (as amended (26.6.2020) by Corporate Insolvency and Governance Act 2020 (c. 12), s. 49(1), Sch. 3 para. 49(3) (with ss. 2(2), 5(2)); (7.7.2020) by S.I. 2020/710, regs. 1, 4 (with reg. 6) (which affecting legislation is revoked and this amendment reversed (13.8.2020) by S.I. 2020/85), regs. 1(2), 2); and (13.8.2020 immediately after the coming into force of S.I. 2020/856, reg. 2) by S.I. 2020/856, regs. 1(3), 5 (with reg. 7))Pts. 1-4, 6, 7 applied to limited liability partnerships (with modifications) (E.W.S.) (6.4.2001) by S.I. 2001/1090, reg. 5, Schs. 3, 4 (as amended (4.3.2004) by S.I. 2004/355, art. 10; (1.10.2005) by S.I. 2005/1989, reg. 3, Sch. 2 (with reg. 4); (8.12.2017) by S.I. 2017/1119, reg. 1(1), Sch. 1 Pts. 2, 3; (temp.) (retrospective to 27.4.2020) by Corporate Insolvency and Governance Act 2020 (c. 12), Sch. 10 paras. 8(1)(2), 14, Sch. 12 para. 6 (with ss. 2(2), 5(2); (26.6.2020) by S.I. 2020/643, reg. 1(1), Sch. 1 (with reg. 2); (26.6.2020) by Corporate Insolvency and Governance Act 2020 (c. 12), s. 49(1), Sch. 12 para. 6 (with ss. 2(2), 5(2), 14(4)); and (16.2.2021) by S.I. 2021/60, reg. 1(1), Sch. 1 (with reg. 3(2)))Pts. 1-4 applied (with modifications) (8.7.2021) by The Payment and Electronic Money Institution Insolvency Regulations 2021 (S.I. 2021/716), reg. 2, Sch. 1 para. 3 (with reg. 5) (as amended (4.1.2024) by S.I. 2023/1399, regs. 1(2), 4)Ss. 55-58 applied (with modifications) (4.1.2024) by S.I. 2021/716, Sch. 1 para. 3 (as amended by The Payment and Electronic Money Institution Insolvency (Amendment) Regulations 2023 (S.I. 2023/1399), regs. 1(2), 20)
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Part III
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<Title> Receivership</Title>
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<Number>Chapter II</Number>
<Title> Receivers (Scotland)</Title>
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<Title> Remuneration of receiver.</Title>
<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/1986/45/section/58" IdURI="http://www.legislation.gov.uk/id/ukpga/1986/45/section/58" id="section-58">
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58
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<Pnumber>1</Pnumber>
<P2para>
<Text>The remuneration to be paid to a receiver is to be determined by agreement between the receiver and the holder of the floating charge by virtue of which he was appointed.</Text>
</P2para>
</P2>
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<Pnumber>2</Pnumber>
<P2para>
<Text>Where the remuneration to be paid to the receiver has not been determined under subsection (1), or where it has been so determined but is disputed by any of the persons mentioned in paragraphs (a) to (d) below, it may be fixed instead by the Auditor of the Court of Session on application made to him by—</Text>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1986/45/section/58/2/a" IdURI="http://www.legislation.gov.uk/id/ukpga/1986/45/section/58/2/a" id="section-58-2-a">
<Pnumber>a</Pnumber>
<P3para>
<Text>the receiver;</Text>
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<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1986/45/section/58/2/b" IdURI="http://www.legislation.gov.uk/id/ukpga/1986/45/section/58/2/b" id="section-58-2-b">
<Pnumber>b</Pnumber>
<P3para>
<Text>the holder of any floating charge or fixed security over all or any part of the property of the company;</Text>
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<Pnumber>c</Pnumber>
<P3para>
<Text>the company; or</Text>
</P3para>
</P3>
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<Pnumber>d</Pnumber>
<P3para>
<Text>the liquidator of the company.</Text>
</P3para>
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<Pnumber>3</Pnumber>
<P2para>
<Text>Where the receiver has been paid or has retained for his remuneration for any period before the remuneration has been fixed by the Auditor of the Court of Session under subsection (2) any amount in excess of the remuneration so fixed for that period, the receiver or his personal representatives shall account for the excess.</Text>
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<Para>
<Text>
Ss. 55-58 applied (with modifications) (6.4.2001) by
<Citation URI="http://www.legislation.gov.uk/id/ssi/2001/128" id="c01334" Class="ScottishStatutoryInstrument" Year="2001" Number="128">S.S.I. 2001/128</Citation>
,
<CitationSubRef id="c01335" CitationRef="c01334" URI="http://www.legislation.gov.uk/id/ssi/2001/128/regulation/4/1" SectionRef="regulation-4-1">reg. 4(1)</CitationSubRef>
,
<CitationSubRef id="c01336" CitationRef="c01334" URI="http://www.legislation.gov.uk/id/ssi/2001/128/schedule/2" Operative="true" SectionRef="schedule-2">Sch. 2</CitationSubRef>
</Text>
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<Para>
<Text>
Pts. 1-7 (ss. 1-251) applied (with modifications) by
<Citation URI="http://www.legislation.gov.uk/id/uksi/1989/1276" id="c01568" Class="UnitedKingdomStatutoryInstrument" Year="1989" Number="1276">S.I. 1989/1276</Citation>
,
<CitationSubRef id="c01569" CitationRef="c01568" URI="http://www.legislation.gov.uk/id/uksi/1989/1276/article/2" Operative="true" SectionRef="article-2">arts. 2</CitationSubRef>
,
<CitationSubRef id="c01570" CitationRef="c01568" URI="http://www.legislation.gov.uk/id/uksi/1989/1276/article/3" SectionRef="article-3">3</CitationSubRef>
</Text>
</Para>
<Para>
<Text>
Pt. 3 applied (with modifications) (4.4.2006) by The Cross-
<Citation URI="http://www.legislation.gov.uk/id/uksi/2006/1030" id="c01572" Class="UnitedKingdomStatutoryInstrument" Year="2006" Number="1030" Title="Border Insolvency Regulations 2006">Border Insolvency Regulations 2006 (S.I. 2006/1030)</Citation>
,
<CitationSubRef id="c01573" CitationRef="c01572" URI="http://www.legislation.gov.uk/id/uksi/2006/1030/regulation/3" SectionRef="regulation-3" Operative="true">reg. 3</CitationSubRef>
</Text>
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<Para>
<Text>
Pt. 3 (ss. 28-72) extended by
<Citation URI="http://www.legislation.gov.uk/id/uksi/1989/638" id="c01575" Class="UnitedKingdomStatutoryInstrument" Year="1989" Number="638">S.I. 1989/638</Citation>
,
<CitationSubRef id="c01576" CitationRef="c01575" URI="http://www.legislation.gov.uk/id/uksi/1989/638/regulation/19/1" Operative="true" SectionRef="regulation-19-1">regs. 19(1)</CitationSubRef>
,
<CitationSubRef id="c01577" CitationRef="c01575" URI="http://www.legislation.gov.uk/id/uksi/1989/638/regulation/21" SectionRef="regulation-21">21</CitationSubRef>
</Text>
</Para>
</Commentary>
<Commentary id="c22531351" Type="C">
<Para>
<Text>
First Group of Parts (Pts. 1-7) applied (with modifications) (15.12.2006) by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2006/3107" id="d10e2" Class="UnitedKingdomStatutoryInstrument" Year="2006" Number="3107" Title="The Banks (Former Authorised Institutions) (Insolvency) Order 2006">The Banks (Former Authorised Institutions) (Insolvency) Order 2006 (S.I. 2006/3107)</Citation>
,
<CitationSubRef id="ccd8e520240201104253805Z" CitationRef="d10e2" URI="http://www.legislation.gov.uk/id/uksi/2006/3107/article/3" SectionRef="article-3">art. 3</CitationSubRef>
,
<CitationSubRef id="ccd8e820240201104253805Z" CitationRef="d10e2" URI="http://www.legislation.gov.uk/id/uksi/2006/3107/schedule" Operative="true" SectionRef="schedule">Sch.</CitationSubRef>
(as amended (1.4.2013) by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2013/472" id="d10e11" Class="UnitedKingdomStatutoryInstrument" Year="2013" Number="472">S.I. 2013/472</Citation>
,
<CitationSubRef id="ccd8e1420240201104253805Z" CitationRef="d10e11" URI="http://www.legislation.gov.uk/id/uksi/2013/472/article/1/1" SectionRef="article-1-1">art. 1(1)</CitationSubRef>
,
<CitationSubRef id="ccd8e1820240201104253805Z" CitationRef="d10e11" URI="http://www.legislation.gov.uk/id/uksi/2013/472/schedule/2/paragraph/117" Operative="true" SectionRef="schedule-2-paragraph-117">Sch. 2 para. 117</CitationSubRef>
; and (13.3.2018) by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2018/208" id="d10e21" Class="UnitedKingdomStatutoryInstrument" Year="2018" Number="208">S.I. 2018/208</Citation>
,
<CitationSubRef id="ccd8e2420240201104253805Z" CitationRef="d10e21" URI="http://www.legislation.gov.uk/id/uksi/2018/208/regulation/1/3" SectionRef="regulation-1-3">regs. 1(3)</CitationSubRef>
,
<CitationSubRef id="ccd8e2720240201104253805Z" CitationRef="d10e21" URI="http://www.legislation.gov.uk/id/uksi/2018/208/regulation/11" Operative="true" SectionRef="regulation-11">11</CitationSubRef>
</Text>
</Para>
</Commentary>
<Commentary id="c15570721" Type="C">
<Para>
<Text>
Pt. 3: power to apply or incorporate conferred (6.4.2001) by
<Citation URI="http://www.legislation.gov.uk/id/ukpga/2000/12" id="c01582" Year="2000" Class="UnitedKingdomPublicGeneralAct" Number="12">2000 c. 12</Citation>
,
<CitationSubRef id="c01583" CitationRef="c01582" URI="http://www.legislation.gov.uk/id/ukpga/2000/12/section/14" Operative="true" SectionRef="section-14">s. 14</CitationSubRef>
;
<Citation URI="http://www.legislation.gov.uk/id/uksi/2000/3316" id="c01584" Class="UnitedKingdomStatutoryInstrument" Year="2000" Number="3316">S.I. 2000/3316</Citation>
,
<CitationSubRef id="c01585" CitationRef="c01584" URI="http://www.legislation.gov.uk/id/uksi/2000/3316/article/2" Operative="true" SectionRef="article-2">art. 2</CitationSubRef>
</Text>
</Para>
</Commentary>
<Commentary id="key-401abb0891a74a2a7ab21bb68783ee1a" Type="C">
<Para>
<Text>
<CitationSubRef id="ccd8e120240201104354445Z" URI="http://www.legislation.gov.uk/id/ukpga/1986/45/part/3" SectionRef="part-3">Pt. 3</CitationSubRef>
applied (with modifications) by
<Citation URI="http://www.legislation.gov.uk/id/ukpga/1986/53" id="d10e4" Year="1986" Class="UnitedKingdomPublicGeneralAct" Number="53" Title="Building Societies Act 1986" AlternativeNumber="1986">Building Societies Act 1986 (1986 c. 53)</Citation>
,
<CitationSubRef id="ccd8e720240201104354445Z" CitationRef="d10e4" URI="http://www.legislation.gov.uk/id/ukpga/1986/53/schedule/15A/part/2" Operative="true" SectionRef="schedule-15A-part-2">Sch. 15A Pt. 2</CitationSubRef>
(as amended (28.6.2016) by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2016/679" id="d10e10" Class="UnitedKingdomStatutoryInstrument" Year="2016" Number="679">S.I. 2016/679</Citation>
,
<CitationSubRef id="ccd8e1320240201104354445Z" CitationRef="d10e10" URI="http://www.legislation.gov.uk/id/uksi/2016/679/article/1/1/4" SectionRef="article-1-1-4">art. 1(1)(4)</CitationSubRef>
,
<CitationSubRef id="ccd8e1620240201104354445Z" CitationRef="d10e10" URI="http://www.legislation.gov.uk/id/uksi/2016/679/article/4/2/3" Operative="true" SectionRef="article-4-2-3">4(2)(3)</CitationSubRef>
; and (13.3.2018) by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2018/208" id="d10e20" Class="UnitedKingdomStatutoryInstrument" Year="2018" Number="208">S.I. 2018/208</Citation>
,
<CitationSubRef id="ccd8e2320240201104354445Z" CitationRef="d10e20" URI="http://www.legislation.gov.uk/id/uksi/2018/208/regulation/1/3" SectionRef="regulation-1-3">regs. 1(3)</CitationSubRef>
,
<CitationSubRef id="ccd8e2620240201104354445Z" CitationRef="d10e20" URI="http://www.legislation.gov.uk/id/uksi/2018/208/regulation/2/3" Operative="true" SectionRef="regulation-2-3">2(3)</CitationSubRef>
)
</Text>
</Para>
</Commentary>
<Commentary id="M_C_650ced0e-4d41-429c-b2c7-febea8ba9c23" Type="C">
<Para>
<Text>
<CitationSubRef id="ccd8e120240201104734177Z" URI="http://www.legislation.gov.uk/id/ukpga/1986/45/part/1" UpTo="http://www.legislation.gov.uk/id/ukpga/1986/45/part/4" Type="group" StartSectionRef="part-1" EndSectionRef="part-4">Pts. 1-4</CitationSubRef>
applied in part (with modifications) (E.W.) (2.1.2013) by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2012/3013" id="d10e4" Class="UnitedKingdomStatutoryInstrument" Year="2012" Number="3013" Title="The Charitable Incorporated Organisations (Insolvency and Dissolution) Regulations 2012">The Charitable Incorporated Organisations (Insolvency and Dissolution) Regulations 2012 (S.I. 2012/3013)</Citation>
,
<CitationSubRef id="ccd8e720240201104734177Z" CitationRef="d10e4" URI="http://www.legislation.gov.uk/id/uksi/2012/3013/regulation/1" SectionRef="regulation-1">reg. 1</CitationSubRef>
,
<CitationSubRef id="ccd8e1020240201104734177Z" CitationRef="d10e4" URI="http://www.legislation.gov.uk/id/uksi/2012/3013/schedule/paragraph/1/2/a/3" UpTo="http://www.legislation.gov.uk/id/uksi/2012/3013/schedule/paragraph/1/2/a/7" Operative="true" Type="group" StartSectionRef="schedule-paragraph-1-2-a-3" EndSectionRef="schedule-paragraph-1-2-a-7">Sch. para. 1(2)(a)(3)-(7)</CitationSubRef>
(as amended (26.6.2020) by
<Citation URI="http://www.legislation.gov.uk/id/ukpga/2020/12" id="d10e13" Year="2020" Class="UnitedKingdomPublicGeneralAct" Number="12" Title="Corporate Insolvency and Governance Act 2020">Corporate Insolvency and Governance Act 2020 (c. 12)</Citation>
,
<CitationSubRef id="ccd8e1620240201104734177Z" CitationRef="d10e13" URI="http://www.legislation.gov.uk/id/ukpga/2020/12/section/49/1" SectionRef="section-49-1">s. 49(1)</CitationSubRef>
,
<CitationSubRef id="ccd8e2020240201104734177Z" CitationRef="d10e13" URI="http://www.legislation.gov.uk/id/ukpga/2020/12/schedule/3/paragraph/49/3" Operative="true" SectionRef="schedule-3-paragraph-49-3">Sch. 3 para. 49(3)</CitationSubRef>
(with
<CitationSubRef id="ccd8e2320240201104734177Z" CitationRef="d10e13" URI="http://www.legislation.gov.uk/id/ukpga/2020/12/section/2/2" SectionRef="section-2-2">ss. 2(2)</CitationSubRef>
,
<CitationSubRef id="ccd8e2620240201104734177Z" CitationRef="d10e13" URI="http://www.legislation.gov.uk/id/ukpga/2020/12/section/5/2" SectionRef="section-5-2">5(2)</CitationSubRef>
); (7.7.2020) by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2020/710" id="d10e29" Class="UnitedKingdomStatutoryInstrument" Year="2020" Number="710">S.I. 2020/710</Citation>
,
<CitationSubRef id="ccd8e3220240201104734177Z" CitationRef="d10e29" URI="http://www.legislation.gov.uk/id/uksi/2020/710/regulation/1" SectionRef="regulation-1">regs. 1</CitationSubRef>
,
<CitationSubRef id="ccd8e3520240201104734177Z" CitationRef="d10e29" URI="http://www.legislation.gov.uk/id/uksi/2020/710/regulation/4" Operative="true" SectionRef="regulation-4">4</CitationSubRef>
(with
<CitationSubRef id="ccd8e3920240201104734177Z" CitationRef="d10e29" URI="http://www.legislation.gov.uk/id/uksi/2020/710/regulation/6" SectionRef="regulation-6">reg. 6</CitationSubRef>
) (which affecting legislation is revoked and this amendment reversed (13.8.2020) by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2020/85" id="d10e42" Class="UnitedKingdomStatutoryInstrument" Year="2020" Number="85">S.I. 2020/85</Citation>
), regs. 1(2), 2); and (13.8.2020 immediately after the coming into force of
<Citation URI="http://www.legislation.gov.uk/id/uksi/2020/856" id="d10e45" Class="UnitedKingdomStatutoryInstrument" Year="2020" Number="856">S.I. 2020/856</Citation>
,
<CitationSubRef id="ccd8e4820240201104734177Z" CitationRef="d10e45" URI="http://www.legislation.gov.uk/id/uksi/2020/856/regulation/2" Operative="true" SectionRef="regulation-2">reg. 2</CitationSubRef>
) by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2020/856" id="d10e51" Class="UnitedKingdomStatutoryInstrument" Year="2020" Number="856">S.I. 2020/856</Citation>
,
<CitationSubRef id="ccd8e5420240201104734177Z" CitationRef="d10e51" URI="http://www.legislation.gov.uk/id/uksi/2020/856/regulation/1/3" SectionRef="regulation-1-3">regs. 1(3)</CitationSubRef>
,
<CitationSubRef id="ccd8e5820240201104734177Z" CitationRef="d10e51" URI="http://www.legislation.gov.uk/id/uksi/2020/856/regulation/5" Operative="true" SectionRef="regulation-5">5</CitationSubRef>
(with
<CitationSubRef id="ccd8e6120240201104734177Z" CitationRef="d10e51" URI="http://www.legislation.gov.uk/id/uksi/2020/856/regulation/7" SectionRef="regulation-7">reg. 7</CitationSubRef>
))
</Text>
</Para>
</Commentary>
<Commentary id="M_C_6ed959b6-bb35-4f1d-b815-d032119cd6ee" Type="C">
<Para>
<Text>
<CitationSubRef id="ccd8e12024020110220343Z" URI="http://www.legislation.gov.uk/id/ukpga/1986/45/part/1" UpTo="http://www.legislation.gov.uk/id/ukpga/1986/45/part/4" Type="group" StartSectionRef="part-1" EndSectionRef="part-4">Pts. 1-4</CitationSubRef>
,
<CitationSubRef id="ccd8e42024020110220343Z" URI="http://www.legislation.gov.uk/id/ukpga/1986/45/part/6" SectionRef="part-6">6</CitationSubRef>
,
<CitationSubRef id="ccd8e72024020110220343Z" URI="http://www.legislation.gov.uk/id/ukpga/1986/45/part/7" SectionRef="part-7">7</CitationSubRef>
applied to limited liability partnerships (with modifications) (E.W.S.) (6.4.2001) by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2001/1090" id="d10e10" Class="UnitedKingdomStatutoryInstrument" Year="2001" Number="1090">S.I. 2001/1090</Citation>
,
<CitationSubRef CitationRef="d10e10" id="ccd8e132024020110220343Z" URI="http://www.legislation.gov.uk/id/uksi/2001/1090/regulation/5" SectionRef="regulation-5">reg. 5</CitationSubRef>
,
<CitationSubRef CitationRef="d10e10" id="ccd8e162024020110220343Z" URI="http://www.legislation.gov.uk/id/uksi/2001/1090/schedule/3" SectionRef="schedule-3">Schs. 3</CitationSubRef>
,
<CitationSubRef CitationRef="d10e10" id="ccd8e202024020110220343Z" URI="http://www.legislation.gov.uk/id/uksi/2001/1090/schedule/4" Operative="true" SectionRef="schedule-4">4</CitationSubRef>
(as amended (4.3.2004) by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2004/355" id="d10e23" Class="UnitedKingdomStatutoryInstrument" Year="2004" Number="355">S.I. 2004/355</Citation>
,
<CitationSubRef CitationRef="d10e23" id="ccd8e262024020110220343Z" URI="http://www.legislation.gov.uk/id/uksi/2004/355/article/10" Operative="true" SectionRef="article-10">art. 10</CitationSubRef>
; (1.10.2005) by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2005/1989" id="d10e29" Class="UnitedKingdomStatutoryInstrument" Year="2005" Number="1989">S.I. 2005/1989</Citation>
,
<CitationSubRef CitationRef="d10e29" id="ccd8e322024020110220343Z" URI="http://www.legislation.gov.uk/id/uksi/2005/1989/regulation/3" SectionRef="regulation-3">reg. 3</CitationSubRef>
,
<CitationSubRef CitationRef="d10e29" id="ccd8e352024020110220343Z" URI="http://www.legislation.gov.uk/id/uksi/2005/1989/schedule/2" Operative="true" SectionRef="schedule-2">Sch. 2</CitationSubRef>
(with
<CitationSubRef CitationRef="d10e29" id="ccd8e392024020110220343Z" URI="http://www.legislation.gov.uk/id/uksi/2005/1989/regulation/4" SectionRef="regulation-4">reg. 4</CitationSubRef>
); (8.12.2017) by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2017/1119" id="d10e42" Class="UnitedKingdomStatutoryInstrument" Year="2017" Number="1119">S.I. 2017/1119</Citation>
,
<CitationSubRef CitationRef="d10e42" id="ccd8e452024020110220343Z" URI="http://www.legislation.gov.uk/id/uksi/2017/1119/regulation/1/1" SectionRef="regulation-1-1">reg. 1(1)</CitationSubRef>
,
<CitationSubRef CitationRef="d10e42" id="ccd8e482024020110220343Z" URI="http://www.legislation.gov.uk/id/uksi/2017/1119/schedule/1/part/2" SectionRef="schedule-1-part-2">Sch. 1 Pts. 2</CitationSubRef>
,
<CitationSubRef CitationRef="d10e42" id="ccd8e512024020110220343Z" URI="http://www.legislation.gov.uk/id/uksi/2017/1119/schedule/1/part/3" Operative="true" SectionRef="schedule-1-part-3">3</CitationSubRef>
; (temp.) (retrospective to 27.4.2020) by
<Citation URI="http://www.legislation.gov.uk/id/ukpga/2020/12" id="d10e54" Year="2020" Class="UnitedKingdomPublicGeneralAct" Number="12" Title="Corporate Insolvency and Governance Act 2020">Corporate Insolvency and Governance Act 2020 (c. 12)</Citation>
,
<CitationSubRef CitationRef="d10e54" id="ccd8e582024020110220343Z" URI="http://www.legislation.gov.uk/id/ukpga/2020/12/schedule/10/paragraph/8/1/2" SectionRef="schedule-10-paragraph-8-1-2">Sch. 10 paras. 8(1)(2)</CitationSubRef>
,
<CitationSubRef CitationRef="d10e54" id="ccd8e612024020110220343Z" URI="http://www.legislation.gov.uk/id/ukpga/2020/12/schedule/10/paragraph/14" SectionRef="schedule-10-paragraph-14">14</CitationSubRef>
,
<CitationSubRef CitationRef="d10e54" id="ccd8e642024020110220343Z" URI="http://www.legislation.gov.uk/id/ukpga/2020/12/schedule/12/paragraph/6" Operative="true" SectionRef="schedule-12-paragraph-6">Sch. 12 para. 6</CitationSubRef>
(with
<CitationSubRef CitationRef="d10e54" id="ccd8e672024020110220343Z" URI="http://www.legislation.gov.uk/id/ukpga/2020/12/section/2/2" SectionRef="section-2-2">ss. 2(2)</CitationSubRef>
,
<CitationSubRef CitationRef="d10e54" id="ccd8e702024020110220343Z" URI="http://www.legislation.gov.uk/id/ukpga/2020/12/section/5/2" SectionRef="section-5-2">5(2)</CitationSubRef>
; (
<CitationSubRef CitationRef="d10e54" id="ccd8e732024020110220343Z" URI="http://www.legislation.gov.uk/id/ukpga/2020/12/section/26" SectionRef="section-26">26</CitationSubRef>
.
<CitationSubRef CitationRef="d10e54" id="ccd8e772024020110220343Z" URI="http://www.legislation.gov.uk/id/ukpga/2020/12/section/6" SectionRef="section-6">6</CitationSubRef>
.
<CitationSubRef CitationRef="d10e54" id="ccd8e802024020110220343Z" URI="http://www.legislation.gov.uk/id/ukpga/2020/12/section/2020" SectionRef="section-2020">2020</CitationSubRef>
) by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2020/643" id="d10e83" Class="UnitedKingdomStatutoryInstrument" Year="2020" Number="643">S.I. 2020/643</Citation>
,
<CitationSubRef CitationRef="d10e83" id="ccd8e862024020110220343Z" URI="http://www.legislation.gov.uk/id/uksi/2020/643/regulation/1/1" SectionRef="regulation-1-1">reg. 1(1)</CitationSubRef>
,
<CitationSubRef CitationRef="d10e83" id="ccd8e892024020110220343Z" URI="http://www.legislation.gov.uk/id/uksi/2020/643/schedule/1" Operative="true" SectionRef="schedule-1">Sch. 1</CitationSubRef>
(with
<CitationSubRef CitationRef="d10e83" id="ccd8e922024020110220343Z" URI="http://www.legislation.gov.uk/id/uksi/2020/643/regulation/2" SectionRef="regulation-2">reg. 2</CitationSubRef>
); (26.6.2020) by
<Citation URI="http://www.legislation.gov.uk/id/ukpga/2020/12" id="d10e96" Year="2020" Class="UnitedKingdomPublicGeneralAct" Number="12" Title="Corporate Insolvency and Governance Act 2020">Corporate Insolvency and Governance Act 2020 (c. 12)</Citation>
,
<CitationSubRef CitationRef="d10e96" id="ccd8e992024020110220343Z" URI="http://www.legislation.gov.uk/id/ukpga/2020/12/section/49/1" SectionRef="section-49-1">s. 49(1)</CitationSubRef>
,
<CitationSubRef CitationRef="d10e96" id="ccd8e1022024020110220343Z" URI="http://www.legislation.gov.uk/id/ukpga/2020/12/schedule/12/paragraph/6" Operative="true" SectionRef="schedule-12-paragraph-6">Sch. 12 para. 6</CitationSubRef>
(with
<CitationSubRef CitationRef="d10e96" id="ccd8e1052024020110220343Z" URI="http://www.legislation.gov.uk/id/ukpga/2020/12/section/2/2" SectionRef="section-2-2">ss. 2(2)</CitationSubRef>
,
<CitationSubRef CitationRef="d10e96" id="ccd8e1082024020110220343Z" URI="http://www.legislation.gov.uk/id/ukpga/2020/12/section/5/2" SectionRef="section-5-2">5(2)</CitationSubRef>
,
<CitationSubRef CitationRef="d10e96" id="ccd8e1112024020110220343Z" URI="http://www.legislation.gov.uk/id/ukpga/2020/12/section/14/4" SectionRef="section-14-4">14(4)</CitationSubRef>
); and (16.2.2021) by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2021/60" id="d10e115" Class="UnitedKingdomStatutoryInstrument" Year="2021" Number="60">S.I. 2021/60</Citation>
,
<CitationSubRef CitationRef="d10e115" id="ccd8e1182024020110220343Z" URI="http://www.legislation.gov.uk/id/uksi/2021/60/regulation/1/1" SectionRef="regulation-1-1">reg. 1(1)</CitationSubRef>
,
<CitationSubRef CitationRef="d10e115" id="ccd8e1212024020110220343Z" URI="http://www.legislation.gov.uk/id/uksi/2021/60/schedule/1" Operative="true" SectionRef="schedule-1">Sch. 1</CitationSubRef>
(with
<CitationSubRef CitationRef="d10e115" id="ccd8e1242024020110220343Z" URI="http://www.legislation.gov.uk/id/uksi/2021/60/regulation/3/2" SectionRef="regulation-3-2">reg. 3(2)</CitationSubRef>
))
</Text>
</Para>
</Commentary>
<Commentary id="key-d42c95f368c806f53e80c7334bd5b6c3" Type="C">
<Para>
<Text>
<CitationSubRef id="ccd8e120240201154527466Z" URI="http://www.legislation.gov.uk/id/ukpga/1986/45/part/1" UpTo="http://www.legislation.gov.uk/id/ukpga/1986/45/part/4" Type="group" StartSectionRef="part-1" EndSectionRef="part-4">Pts. 1-4</CitationSubRef>
applied (with modifications) (8.7.2021) by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2021/716" id="d10e4" Class="UnitedKingdomStatutoryInstrument" Year="2021" Number="716" Title="The Payment and Electronic Money Institution Insolvency Regulations 2021">The Payment and Electronic Money Institution Insolvency Regulations 2021 (S.I. 2021/716)</Citation>
,
<CitationSubRef CitationRef="d10e4" id="ccd8e720240201154527466Z" URI="http://www.legislation.gov.uk/id/uksi/2021/716/regulation/2" SectionRef="regulation-2">reg. 2</CitationSubRef>
,
<CitationSubRef CitationRef="d10e4" id="ccd8e1020240201154527466Z" URI="http://www.legislation.gov.uk/id/uksi/2021/716/schedule/1/paragraph/3" Operative="true" SectionRef="schedule-1-paragraph-3">Sch. 1 para. 3</CitationSubRef>
(with
<CitationSubRef CitationRef="d10e4" id="ccd8e1320240201154527466Z" URI="http://www.legislation.gov.uk/id/uksi/2021/716/regulation/5" SectionRef="regulation-5">reg. 5</CitationSubRef>
) (as amended (4.1.2024) by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2023/1399" id="d10e16" Class="UnitedKingdomStatutoryInstrument" Year="2023" Number="1399">S.I. 2023/1399</Citation>
,
<CitationSubRef CitationRef="d10e16" id="ccd8e2020240201154527466Z" URI="http://www.legislation.gov.uk/id/uksi/2023/1399/regulation/1/2" SectionRef="regulation-1-2">regs. 1(2)</CitationSubRef>
,
<CitationSubRef CitationRef="d10e16" id="ccd8e2320240201154527466Z" URI="http://www.legislation.gov.uk/id/uksi/2023/1399/regulation/4" Operative="true" SectionRef="regulation-4">4</CitationSubRef>
)
</Text>
</Para>
</Commentary>
<Commentary id="key-9c61b5e5c84c28d0f59b2c64be42e260" Type="C">
<Para>
<Text>
<CitationSubRef StartSectionRef="section-55" EndSectionRef="section-58" URI="http://www.legislation.gov.uk/id/ukpga/1986/45/section/55" UpTo="http://www.legislation.gov.uk/id/ukpga/1986/45/section/58" id="c9p9ogxx5-00097">Ss. 55-58</CitationSubRef>
applied (with modifications) (4.1.2024) by S.I. 2021/716, Sch. 1 para. 3 (as amended by
<Citation URI="http://www.legislation.gov.uk/id/uksi/2023/1399" Class="UnitedKingdomStatutoryInstrument" Year="2023" Number="1399" Title="The Payment and Electronic Money Institution Insolvency (Amendment) Regulations 2023" id="c9p9ogxx5-00098">The Payment and Electronic Money Institution Insolvency (Amendment) Regulations 2023 (S.I. 2023/1399)</Citation>
,
<CitationSubRef SectionRef="regulation-1-2" URI="http://www.legislation.gov.uk/id/uksi/2023/1399/regulation/1/2" CitationRef="c9p9ogxx5-00098" id="c9p9ogxx5-00099">regs. 1(2)</CitationSubRef>
,
<CitationSubRef SectionRef="regulation-20" URI="http://www.legislation.gov.uk/id/uksi/2023/1399/regulation/20" CitationRef="c9p9ogxx5-00098" Operative="true" id="c9p9ogxx5-00100">20</CitationSubRef>
)
</Text>
</Para>
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</Legislation>