The Cross-Border Insolvency Regulations (Northern Ireland) 2007 No. 115

SCHEDULE 1 UNCITRAL MODEL LAW ON CROSS-BORDER INSOLVENCY

PART 1 GENERAL PROVISIONS

CHAPTER III RECOGNITION OF A FOREIGN PROCEEDING AND RELIEF

Article 20. Effects of recognition of a foreign main proceeding

4.  Paragraph 1(a) does not affect the right to—

(a) commence individual actions or proceedings to the extent necessary to preserve a claim against the debtor; or

(b) commence or continue any criminal proceedings or any action or proceedings by a person or body having regulatory, supervisory or investigative functions of a public nature, being an action or proceedings brought in the exercise of those functions.