Amendments to Schedule 2A to the Insolvency Act 1986
2. In paragraph 1(1) of Schedule 2A to the Insolvency Act 1986 (capital market arrangement) after paragraph (a) insert—
“(aa)it involves a grant of security to—
(i)a party to the arrangement who issues a capital market investment, or
(ii)a person who holds the security as trustee for a party to the arrangement in connection with the issue of a capital market investment, or
(ab)it involves a grant of security to a person who holds the security as trustee for a party to the arrangement who agrees to provide finance to another party, or”