Schedule 5, paragraph 7(3)

A company is excluded from being eligible if any of its property is subject to a charge that is a system-charge, within the meaning of the Financial Markets and Insolvency Regulations (Northern Ireland) 1996 (S.R. (N.I.) 1996/252) (see regulation 2 of those Regulations).

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