Schedule 12, Part 3, Part 1, paragraph 2

Where this Part of this Schedule applies in relation to an insurer, except with the permission of the court— no step may be taken to enforce security over the insurer’s property; no step may be taken to repossess goods in the insurer’s possession under a hire-purchase agreement; a landlord may not exercise a right of forfeiture by peaceable re-entry in relation to premises let to the insurer; in Scotland, a landlord may not exercise a right of irritancy in relation to premises let to the insurer; no legal process (including legal proceedings, execution, distress or diligence) may be instituted, carried out or continued against the insurer or its property. Where the court gives permission for something to be done that would otherwise be prevented by this paragraph, it may impose a condition on, or a requirement in connection with, the permission. In this paragraph, “landlord” includes a person to whom rent is payable.

← 5 · All articles · 1 →

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