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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 31 December 2020 - onwards
Version 4 of 4

89A. Application to investment firms

(1) This Part applies to investment firms as it applies to banks, subject to the modifications in the following Table -

Provision

Modification

Section 1

Ignore subsection (2)(b).

Section 3

In subsection (1), in the definition of "normal insolvency proceedings" ignore the reference to the bank insolvency procedure.

Section 4

Ignore subsections (2)(b), (6) and (7)(b).

Section 5

Ignore subsection (1)(b).

Section 7

Ignore subsection (7).

[deleted]

 

Section 8ZA

In subsection (5), ignore the reference to the bank insolvency procedure.

Section 12AA

References to normal insolvency proceedings do not include a reference to the bank insolvency procedure.

Section 14