Part III Receivership
F1CHAPTER IV PROHIBITION OF APPOINTMENT OF ADMINISTRATIVE RECEIVER
72F Fifth exception: financial market
Section 72A does not prevent the appointment of an administrative receiver of a company by virtue of—
(a)
a market charge within the meaning of section 173 of the Companies Act 1989 (c. 40),
(b)
a system-charge within the meaning of the Financial Markets and Insolvency Regulations 1996 (S.I. 1996/1469),
(c)
a collateral security charge within the meaning of the Financial Markets and Insolvency (Settlement Finality) Regulations 1999 (S.I. 1999/2979).