The Financial Markets and Insolvency (Amendment and Transitional Provision) (EU Exit) Regulations 2019

Modification of the law of insolvencyU.K.

This section has no associated Explanatory Memorandum

7.  For regulation 13(2)(b) (modifications of the law of insolvency) substitute—

(b)insolvency proceedings in respect of a provider of collateral security, in so far as the proceedings affect the rights of the collateral-taker; and.

Commencement Information

I1Reg. 7 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(3)