Section 282(4)

Proceedings for a recovery order may not be taken in respect of any property which is subject to any of the following charges— a collateral security charge, within the meaning of the Financial Markets and Insolvency (Settlement Finality) Regulations 1999 (S.I. 1999/2979), a market charge, within the meaning of Part 7 of the Companies Act 1989 (c. 40), a money market charge, within the meaning of the Financial Markets and Insolvency (Money Market) Regulations 1995 (S.I. 1995/2049), a system charge, within the meaning of the Financial Markets and Insolvency Regulations 1996 (S.I. 1996/1469) or the Financial Markets and Insolvency Regulations (Northern Ireland) 1996 (S.R. 1996/252).

← 3 · All articles · 5 →

Source: legislation.gov.uk · retrieved 2026-09-04