There are outstanding changes not yet made by the legislation.gov.uk editorial team to The Financial Markets and Insolvency Regulations 1991. Any changes that have already been made by the team appear in the content and are referenced with annotations.
18. In subsection (2) of section 175 of the Act (administration ordersetc), after the words“pari passu with the market charge,” there shall be inserted the words“on the application of any person interested”.
Commencement Information
I1Reg. 18 in force at 25.4.1991, see reg. 1
19.—(1) For the purposes of sections 161, 163, 164, 175(5) and 182 of theAct (various legal proceedings under Part VII of Act)“the court” shall be the court which has last heard an application in theproceedings under the Insolvency Act 1986 or the Bankruptcy (Scotland)Act 1985(1) in which the relevant office-holder is acting or, as thecase may be, any court having jurisdiction to hear applications in thoseproceedings.
(2) For the purposes of subsection (2) of section 175 of the Act(administration orders etc),“the court” shall be the court which has made the administration order or, asthe case may be, to which the petition for an administration order hasbeen presented.
(3) The rules regulating the practice and procedure of the court inrelation to applications to the court in England and Wales undersections 161, 163, 164, 175 and 182 of the Act shall be the rulesapplying in relation to applications to that court under the InsolvencyAct 1986.
Commencement Information
I2Reg. 19 in force at 25.4.1991, see reg. 1
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