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Financial Services and Markets Act 2000
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Changes over time for: Section 356
Version Superseded: 01/04/2013
Alternative versions:
- 01/12/2001- Amendment
- 01/01/2003- Amendment
- 01/01/2003
Point in time - 01/04/2013- Amendment
- 06/04/2014- Amendment
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Financial Services and Markets Act 2000, Section 356 is up to date with all changes known to be in force on or before 06 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.
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356 Authority’s powers to participate in proceedings: company voluntary arrangements.U.K.
This section has no associated Explanatory Notes
[F1(1)Where a voluntary arrangement has effect under Part I of the 1986 Act in respect of a company or insolvent partnership which is an authorised person, the Authority may apply to the court under section 6 or 7 of that Act.]
[F2(2)Where a voluntary arrangement has been approved under Part II of the 1989 Order in respect of a company or insolvent partnership which is an authorised person, the Authority may apply to the court under Article 19 or 20 of that Order.]
(3)If a person other than the Authority makes an application to the court in relation to the company or insolvent partnership under [F3any] of those provisions, the Authority is entitled to be heard at any hearing relating to the application.
Textual Amendments
F1S. 356(1) substituted (1.1.2003 subject to transitional provisions in arts. 3-5 of the commencing S.I.) by 2000 c. 39, s. 15(3)(a); S.I. 2002/2711, art. 2
F2S. 356(2) substituted (1.1.2003 subject to transitional provisions in arts. 3-5 of the commencing S.I.) by 2000 c. 39, s. 15(3)(b); S.I. 2002/2711, art. 2
F3Word in s. 356(3) substituted (1.1.2003 subject to transitional provisions in arts. 3-5 of the commencing S.I.) by 2000 c. 39, s. 15(3)(c); S.I. 2002/2711, art. 2
Modifications etc. (not altering text)
C1S. 356 applied (with modifications) (6.4.2001) by S.I. 2001/1090, regs. 1, 6
C2S. 356 applied (with modifications) (N.I.) (13.9.2004) by Limited Liability Partnerships Regulations (Northern Ireland) 2004 (S.R. 2004/307), reg. 6
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