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11. After regulation 22, insert—
22A.—(1) This regulation applies to—
(a)the operator of a scheme;
(b)a producer; or
(c)a reprocessor or an exporter accredited in accordance with Part 5 (accreditation of reprocessors and exporters).
(2) A company or limited liability partnership to which this regulation applies shall inform the appropriate Agency as soon as is practicable upon becoming aware that one or more relevant circumstances apply or are about to apply to them.
(3) The operator of a scheme must inform the appropriate Agency as soon as is practicable upon becoming aware that one or more relevant circumstances apply or are about to apply to the scheme it operates.
(4) For the purposes of this regulation “relevant circumstances” are—
(a)a winding-up order has been made or a resolution for voluntary winding-up has been passed;
(b)a determination for a voluntary winding-up has been made;
(c)a receiver or a manager of the company or limited liability partnership’s undertaking has been duly appointed;
(d)its undertaking has entered administration;
(e)a voluntary arrangement proposed for the purposes of Part 1 of the Insolvency Act 1986(1) has been approved under that Part of the Act.”.
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
Impact Assessments generally accompany all UK Government interventions of a regulatory nature that affect the private sector, civil society organisations and public services. They apply regardless of whether the regulation originates from a domestic or international source and can accompany primary (Acts etc) and secondary legislation (SIs). An Impact Assessment allows those with an interest in the policy area to understand:
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