Procurement Act 2023

Insolvency, bankruptcy, etc

This section has no associated Explanatory Notes

5A discretionary exclusion ground applies to a supplier if the supplier or a connected person has—

(a)become bankrupt (or, in Scotland, its estate has been sequestrated),

(b)become subject to insolvency or winding-up proceedings,

(c)had its assets subject to administration or receivership, including by a liquidator or court,

(d)entered into an arrangement with its creditors,

(e)become subject to a petition or application for any such procedures or arrangements, or

(f)in any jurisdiction, been subject to a procedure or an application the decision-maker considers to correspond to any procedure or application mentioned in paragraphs (a) to (e).