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PART 2PROVISIONS RELATING TO THE ESTABLISHMENT OF AN EGTC

Insolvency and winding up (Article 12(1) of the EU Regulation)

8.—(1) A UK EGTC will be wound-up as an unregistered company—

(a)if its registered office is in England and Wales or in Scotland, under Part 5 of the 1986 Act; or

(b)if its registered office is in Northern Ireland, under Part 6 of the 1989 Order.

(2) The provisions of the 1986 Act or the 1989 Order and the Insolvency Rules apply to a UK EGTC that is being wound up in accordance with paragraph (1), with the modifications set out in Parts 2 and 3 of the Schedule to The European Grouping of Territorial Cooperation Regulations 2007(1).