http://www.legislation.gov.uk/uksi/2021/716/regulation/47/2021-07-08The Payment and Electronic Money Institution Insolvency Regulations 2021enFINANCIAL SERVICES AND MARKETSStatute Law Database2024-05-20Expert Participation2021-07-08 These Regulations establish a new insolvency procedure to be known as payment institution special administration or electronic money institution special administration (as the case may be) to operate as an alternative to the liquidation or administration of those institutions under the Insolvency Act 1986 (c. 45) (see regulations 7 to 47 and Schedules 1 to 4). Further provision on special administration: schedules 47 1 Schedule 1 makes further provision about how special administration applies to limited liability partnerships formed under the law of England and Wales. 2 Schedule 2 makes further provision about how special administration applies to partnerships formed under the law of England and Wales. 3 Schedule 3 makes further provision about how certain other legislation applies to companies in special administration. 4 Schedule 4 contains consequential amendments. Reg. 47 in force at 8.7.2021, see reg. 2
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<dc:description>These Regulations establish a new insolvency procedure to be known as payment institution special administration or electronic money institution special administration (as the case may be) to operate as an alternative to the liquidation or administration of those institutions under the Insolvency Act 1986 (c. 45) (see regulations 7 to 47 and Schedules 1 to 4).</dc:description>
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<Title>Further provision on special administration: schedules</Title>
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47
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<Text>Schedule 1 makes further provision about how special administration applies to limited liability partnerships formed under the law of England and Wales.</Text>
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Reg. 47 in force at 8.7.2021, see
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