Section 127(1)

In this Part— “the 1986 Act” means the Insolvency Act 1986; “business”, “member”, “property” and “security” have the same meaning as in the 1986 Act; “company” has the meaning given by section 113; “the court” means— in England and Wales and Northern Ireland, the High Court; in Scotland, the Court of Session; “FMI administration order” and “FMI administrator” are to be read in accordance with section 114; “infrastructure company” has the meaning given by section 112; “operator”, in relation to a recognised ... payment system, has the meaning given by section 113; “recognised ... payment system” has the meaning given by section 113; “regulated activity” has the same meaning as in FSMA 2000; “the relevant system” has the meaning given by section 113; “securities settlement system” has the meaning given by section 113. “wholesale cash distribution” and “wholesale cash distribution activities” have the meanings given by section 113.

← 127 · All articles · 2 →

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