(1) In these Regulations "Lloyd's market reorganisation order" means an order which - (a) is made by the court in relation to the association of underwriters known as Lloyd's; (b) appoints a reorganisation controller; and (c) on the making of which there comes into force a moratorium on the commencement of - (i) proceedings, or (ii) other legal processes set out in regulation 8 in respect of affected market participants, the Society and subsidiaries of the Society.

(2) A Lloyd's market reorganisation order applies to -