The Companies (No. 2) (Northern Ireland) Order 1990 No. 1504 (NI. 10)

PART V N.I. FINANCIAL MARKETS AND INSOLVENCY

Modifications etc. (not altering text)

C1 Pt. V applied (with modifications) (8.2.2011) by Investment Bank Special Administration Regulations 2011 (S.I. 2011/245), regs. 1, 8(7), 9, 15, 16-21, 24-26, Schs. 1-5

Other exchanges and clearing houses N.I.

Certain overseas exchanges and clearing houses N.I.

92.—(1) The Department [F1 and the Treasury] may by regulations provide that this Part applies in relation to contracts connected with an overseas investment exchange or clearing house which is approved by the[F1 the Treasury] under section 170 of the Companies Act 1989F2 (certain overseas exchanges and clearing houses), as it applies in relation to contracts connected with a recognised investment exchange or clearing house.

(2) The Department may make regulations which, in relation to a body which is so approved, provide that the provisions of this Part apply with such exceptions, additions and adaptations as appear to the Department to be necessary or expedient.

F1 SI 2001/3649

F2 1989 c. 40

Art. 93 rep. by SI 2001/3649

Settlement arrangements provided by the Bank of England N.I.

94.—(1) The Department may by regulations provide that this Part applies to contracts to which Part VII of the Companies Act 1989F3 applies by virtue of regulations made under section 172(1) of that Act (settlement arrangements provided by the Bank of England), as it applies to contracts connected with a recognised investment exchange or recognised clearing house.

(2) Regulations under this Article may provide that the provisions of this Part apply with such exceptions, additions and adaptations as appear to the Department to be necessary or expedient.

(3) Before making any regulations under this Article, the Department shall consult the Treasury and the Bank of England.

F3 1989 c. 40