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21. (1) The provisions of the Companies Act 1989 mentioned in paragraph (2) do not apply in relation to—
(a)a market contract which is also a transfer order effected through a designated system; or
(b)a market charge which is also a collateral security charge.
(2) The provisions referred to in paragraph (1) are as follows—
(a)section 163(4) to (6) (net sum payable on completion of default proceedings);
(b)section 164(4) to (6) (disclaimer of property, rescission of contracts, &c); and
(c)section 175(5) and (6) (administration orders, &c).
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