Financial Services (Banking Reform) Act 2013
2013 CHAPTER 33
Commentary
Part 6 – Special Administration for Operators of Certain Infrastructure Systems
Section 122: Restriction on winding-up orders and voluntary winding-up
276.Section 122 restricts the circumstances in which any person other than the Bank of England may petition for the winding-up of an infrastructure company and to prevents the voluntary winding-up of an infrastructure company without prior notice to the Bank of England and the permission of the court.
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