Part XXIV Insolvency

Interpretation

C1355 Interpretation of this Part.

1

In this Part—

  • the 1985 Act” means the M1Bankruptcy (Scotland) Act 1985;

  • the 1986 Act” means the M2Insolvency Act 1986;

  • the 1989 Order” means the M3Insolvency (Northern Ireland) Order 1989;

  • body” means a body of persons—

    1. a

      over which the court has jurisdiction under any provision of, or made under, the 1986 Act (or the 1989 Order); but

    2. b

      which is not a building society, a friendly society or an industrial and provident society; and

  • court” means—

    1. a

      the court having jurisdiction for the purposes of the 1985 Act or the 1986 Act; or

    2. b

      in Northern Ireland, the High Court.

  • F1PRA-regulated person” means a person who—

    1. a

      is or has been a PRA-authorised person,

    2. b

      is or has been an appointed representative whose principal (or one of whose principals) is, or was, a PRA-authorised person, or

    3. c

      is carrying on or has carried on a PRA-regulated activity in contravention of the general prohibition.

2

In this Part “insurer” has such meaning as may be specified in an order made by the Treasury.