SCHEDULE 6Modifications and consequential amendments

PART 1

1

1

Where this Part of this Schedule applies, the enactments set out below apply with the following modifications.

2

References to—

a

an administrator appointed in respect of a Schedule B1 administration include a reference to an administrator appointed under a special administration order;

b

administration under Schedule B1 or “insolvent administration” include a reference to special administration;

c

“administration order” include a reference to a special administration order;

d

“insolvency legislation”, the “general law of insolvency”, the “enactments relating to insolvency” and similar expressions include special administration and the provisions of the Insolvency Act as applied by these Regulations;

e

becoming insolvent, or an “insolvency event” occurring in respect of the investment bank includes being put into special administration and “insolvency proceedings” or an “insolvency procedure” include special administration;

f

“winding up”, being “wound up”, “wound up by the court” “going into liquidation” or “compulsory liquidation” include being put into special administration, and a “winding-up order” include a special administration order (and, in this context, “liquidator” shall be read as “administrator”);

g

a person acting as an insolvency practitioner within the meaning of section 388 of the Insolvency Act include a person acting as an administrator under these Regulations;

h

the provisions of the Insolvency Act include those provisions as applied and modified by these Regulations; and

i

the provisions of the Insolvency Rules 1986 M1, the Insolvency Rules (Northern Ireland) 1991 M2 and the Insolvency (Scotland) Rules 1986 M3 include the provisions of insolvency rules made under section 411 of the Insolvency Act as applied by regulation 15(6).

3

A reference to insolvency or liquidation within the meaning of section 247 of the Insolvency Act includes a reference to special administration.

4

A reference to the “purposes of the Insolvency Act 1986” includes a reference to the purposes of these Regulations.

Primary Legislation

Taxes Management Act 1970 M4

Prescription and Limitation (Scotland) Act 1973 M5

Companies Act 1985 M6

Finance Act 1986 M7

Companies (Northern Ireland) Order 1986 M8

Debtors (Scotland) Act 1987 M9

Companies Act 1989

Companies (No. 2) (Northern Ireland) Order 1990 M10

Taxation of Chargeable Gains Act 1992 M11

Pension Schemes Act 1993 M12

Pension Schemes (Northern Ireland) Act 1993 M13

Pensions Act 1995 M14

Pensions (Northern Ireland) Order 1995 M15

Proceeds of Crime (Scotland) Act 1995 M16

Employment Rights Act 1996 M17

Employment Rights (Northern Ireland) Order 1996 M18

Terrorism Act 2000 M19

Finance Act 2000 M20

International Criminal Court Act 2001 M21

International Criminal Court (Scotland) Act 2001 M22

Proceeds of Crime Act 2002 M23

Debt Arrangement and Attachment (Scotland) Act 2002 M24

Finance Act 2003 M25

Pensions Act 2004 M26

Pensions (Northern Ireland) Order 2005 M27

Companies Act 2006 (but not including section 1078 (documents subject to Directive disclosure requirements)

Bankruptcy and Diligence (Scotland) Act 2007 M28

Finance Act 2008 M29

Dormant Bank and Building Society Accounts Act 2008 M30

Corporation Tax Act 2009 M31

Corporation Tax Act 2010 M32

Taxation (International and other Provisions) Act 2010 M33

Secondary Legislation

Statutory Maternity Pay (General) Regulations 1986 M34

Statutory Maternity Pay (General) (Northern Ireland) Regulations 1987 M35

Insolvent Companies (Disqualification of Unfit Directors) Proceedings Rules 1987 M36

Financial Markets and Insolvency Regulations 1991 M37

Financial Markets and Insolvency Regulations (Northern Ireland) 1991 M38

Insolvency Regulations 1994 M39

Non-Domestic Rating (Unoccupied Property) (Scotland) Regulations 1994 M40

Insolvent Companies (Reports on Conduct of Directors) Rules 1996 M41

Financial Markets and Insolvency Regulations 1996 M42

Financial Markets and Insolvency Regulations (Northern Ireland) 1996 M43

Individual Savings Account Regulations 1998 M44

Corporation Tax (Simplified Arrangements for Group Relief) Regulations 1999 M45

Financial Markets and Insolvency (Settlement Finality) Regulations 1999

Statutory Paternity Pay and Statutory Adoption Pay (General) Regulations 2002 M46

Statutory Paternity Pay and Statutory Adoption Pay (General) (Northern Ireland) Regulations 2002 M47

Financial Collateral Arrangements (No. 2) Regulations 2003

Insolvent Companies (Reports on Conduct of Directors) Rules (Northern Ireland) 2003 M48

Insolvent Companies (Disqualification of Unfit Directors) Proceedings Rules (Northern Ireland) 2003 M49

Credit Institutions (Reorganisation and Winding Up) Regulations 2004 M50

Insolvency Practitioners Regulations 2005 M51

Pension Protection Fund (Entry Rules) Regulations 2005 M52

Pension Protection Fund (Entry Rules) Regulations (Northern Ireland) 2005 M53

Gender Recognition (Disclosure of Information) (England, Wales and Northern Ireland) (No. 2) Order 2005 M54

Gender Recognition (Disclosure of Information) (Scotland) Order 2005 M55

Financial Assistance Scheme Regulations 2005 M56

Insolvency Practitioners Regulations (Northern Ireland) 2006 M57

Land Registration (Scotland) Rules 2006 M58

Companies (Cross-Border Mergers) Regulations 2007 M59

Regulated Covered Bonds Regulations 2008 M60

F1Company, Limited Liability Partnership and Business (Names and Trading Disclosures) Regulations 2015

Land Registration (Network Access) Rules 2008 M61

Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 M62

Registrar of Companies (Fees) (Companies, Overseas Companies and Limited Liability Partnerships) Regulations 2009 M63

Payment Services Regulations 2009 M64

Companies (Disclosure of Address) Regulations 2009 M65

Additional Statutory Paternity Pay (General) Regulations 2010 M66