Part XXIV Insolvency

Interpretation

355 Interpretation of this Part.

(1)

In this Part—

“the 1985 Act” means the M1Bankruptcy (Scotland) Act 1985;

“the 1986 Act” means the M2Insolvency Act 1986;

“the 1989 Order” means the M3Insolvency (Northern Ireland) Order 1989;

“body” means a body of persons—

(a)

over which the court has jurisdiction under any provision of, or made under, the 1986 Act (or the 1989 Order); but

(b)

which is not a building society, a friendly society or F1a registered society; and

“court” means—

(a)

the court having jurisdiction for the purposes of the 1985 Act or the 1986 Act; or

(b)

in Northern Ireland, the High Court.

F2“PRA-regulated person” means a person who—

(a)

is or has been a PRA-authorised person,

(b)

is or has been an appointed representative whose principal (or one of whose principals) is, or was, a PRA-authorised person, or

(c)

is carrying on or has carried on a PRA-regulated activity in contravention of the general prohibition.

(2)

In this Part “insurer” has such meaning as may be specified in an order made by the Treasury.