(1) In this Regulation:
"committee of inspection" means a committee of inspection appointed under section 666 of the Companies Act 2014;
"investment firm" includes a former investment firm;
"market operator" includes a former market operator.
(2) Notwithstanding section 569 of the Companies Act 2014, the Bank, by presenting a petition, may apply to the Court to have an investment firm, data reporting service provider or the market operator of a regulated market wound up, under Chapter 2 of Part 11 of that Act, on any of the following grounds:
(a) the investment firm or market operator is unable or, in the opinion of the Bank, may be unable to meet its obligations to its clients or creditors;
(b) the authorisation of the investment firm or market operator has been withdrawn or revoked and the firm or operator has ceased to carry on business as an investment firm or to operate a regulated market;
(c) the Bank considers that it is in the interest of the proper and orderly regulation and s
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