icon-grid
Better Regulation logo
Table of Contents

Table of Contents

Expand all headings Collapse all headings Expand side bar Collapse side bar
Financial Markets and Insolvency (Settlement Finality) Regulations 1999 [SI 1999 No. 2979]Introductory TextPart I General (regs. 1-2)Regulation 1 Citation, commencement and extentRegulation 2 InterpretationPart II Designated Systems (regs. 3-12)Regulation 3 Application for designationRegulation 4 Grant and refusal of designationRegulation 5 FeesRegulation 6 Certain bodies deemed to satisfy requirements for designationRegulation 7 Revocation of designationRegulation 8 Undertakings treated as institutionsRegulation 9 Indirect participants treated as participantsRegulation 10 Provision of information by designated systemsRegulation 11 Exemption from liability in damagesRegulation 12 Publication of information and advicePart III Transfer Orders Effected Through a Designated System and Collateral Security (regs. 13-27)Regulation 13 Modifications of the law of insolvencyRegulation 14 Proceedings of designated system take precedence over insolvency proceedingsRegulation 15 Net sum payable on completion of action taken under default arrangementsRegulation 16 Disclaimer of property, rescission of contracts, &cRegulation 17 Adjustment of prior transactionsCollateral security charges (regs. 18-19)Regulation 18 Modifications of the law of insolvencyRegulation 19 Administration orders, &cGeneral (regs. 20-27)Regulation 20 Transfer order entered into designated system following insolvencyRegulation 21 Disapplication of certain provisions of Part VII and Part VRegulation 22 Notification of insolvency order or passing of resolution for creditors' voluntary winding upRegulation 23 Applicable law relating to securities held as collateral securityRegulation 24 Applicable law where insolvency proceedings are broughtRegulation 25 Insolvency proceedings in other jurisdictionsRegulation 26 Systems designated in GibraltarRegulation 27 Applicable law for orders made and collateral provided before IP completion daySchedule - Requirements for Designation of SystemSignatureExplanatory Note
Page Overview
Document Overview
Tools
Set a date to view the document
Text comparison options
Full text - Date 1 vs Date 2
Amendments requiring commencement - Current text vs Text requiring commencement
Draft proposed changes - Current text vs Text proposed by drafting documents
Coming soon: Any documents - Any document vs Another document at any date
Print / Export options
Current page
Whole document
Selected pages
Consolidated PDF of the entire document as of 12th December 2024
Export
Export line by line
Export provision to provision
Report template
Create report template
Alert me to changes
Manage alerts
Bookmarks
This page
This document
Manage bookmarks
Search within this document
View previous searches
Share
Get page link
Share via email application
PreviousNext
Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 11 December 1999 - onwards
Version 2 of 2

Regulation 18 Modifications of the law of insolvency

The general law of insolvency has effect in relation to a collateral security charge and the action taken to enforce such a charge, subject to the provisions of regulation 19.

PreviousNext