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Version date: 29 August 2023 - onwards
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127. Interpretation of Part

(1) In this Part -

"the 1986 Act" means the Insolvency Act 1986;

"business", "member", "property" and "security" have the same meaning as in the 1986 Act;

"company" has the meaning given by section 113;

"the court" means - (a) in England and Wales and Northern Ireland, the High Court; (b) in Scotland, the Court of Session;

"FMI administration order" and "FMI administrator" are to be read in accordance with section 114;

"infrastructure company" has the meaning given by section 112;

"operator", in relation to a recognised payment system, has the meaning given by section 113;

"recognised payment system" has the meaning given by section 113;

"regulated activity" has the same meaning as in FSMA 2000;

"the relevant system" has the meaning given by section 113;

"securities settlement system" has the meaning given by section 113;

"wholesale cash distribution" and "wholesale cash distribution activities" have the meanings given by section 113.

(2) In this Part referenc

Comparing proposed amendment...