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Schedule 11, Part 5, paragraph 93(5)

FSMA 2023

An obligation imposed on the transferred CCP or a former group company under sub-paragraph (2)(b) or (c) continues to apply despite the transferred CCP or former group company entering insolvency, and may not be disclaimed by a liquidator under section 178(2) of the Insolvency Act 1986 or Article 152(1) of the Insolvency (Northern Ireland) Order 1989.

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