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The Risk Transformation Regulations 2017
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- UK Statutory Instruments
- 2017 No. 1212
- PART 4
- CHAPTER 17
- Regulation 184
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The Risk Transformation Regulations 2017, Section 184 is up to date with all changes known to be in force on or before 22 November 2024. 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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Changes and effects yet to be applied to Regulation 184:
- Regulations revoked by 2023 c. 29 Sch. 1 Pt. 2
Decision on application for restorationU.K.
This section has no associated Explanatory Memorandum
184.—(1) On an application under regulation 181(1), the court may order the restoration of a cell if—
(a)the requirements of regulation 178 were not complied with in relation to the dissolution of the cell; or
(b)the court considers it just to do so.
(2) On an application under regulation 181(2), the court may order the restoration of a protected cell company if—
(a)the requirements of regulation 180 were not complied with in relation to the dissolution of the protected cell company; or
(b)the court considers it just to do so.
(3) If the court orders the restoration of the cell or the protected cell company, the restoration takes effect on a copy of the court's order being delivered to the FCA.
(4) Where a protected cell company is restored to the register, the FCA must publish notice of the restoration of the protected cell company in the London, Edinburgh and Belfast Gazettes.
(5) The notices must state—
(a)the name of the protected cell company;
(b)the protected cell company's registered number; and
(c)the date on which restoration took effect.
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