Schedule 5, paragraph 8

A company is excluded from being eligible if— it is a participant in a designated system, within the meaning of the Financial Markets and Insolvency (Settlement Finality) Regulations 1999 (S.I. 1999/2979) (see regulation 2 of those Regulations), or any of its property is subject to a collateral security charge within the meaning of those Regulations (see regulation 2 of those Regulations).

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