Introductory Text
PART 1 INTRODUCTION
1.Citation, commencement and interpretation
2.Eligible property
3.Asset Pool
4.Owner
5.Connected person
PART 2 THE AUTHORITY
6.Functions of the Authority
PART 3 REGISTRATION
7.Registers
8.Applications for registration
9.Applications for admission to the register of issuers
10.Applications for admission to the register of regulated covered bonds
11.Refusal of applications for registration
12.Applications: supplementary
13.Decision on the application
14.Admission to the registers
PART 4 ISSUERS
15.Acting without registration
16.Sums derived from the issue of regulated covered bonds
17.General requirements
18.Notification requirements
19.Change of issuer
20.Material changes to the regulated covered bond
PART 5 OWNERS
21.Prohibition
22.Sums derived from the issue of regulated covered bonds
23.Requirements relating to the asset pool
24.(1) On the insolvency of the issuer of a regulated...
25.Change of owner
26.Transfer of title
PART 6 PRIORITY OF PAYMENT
27.Priority in a winding up
28.Realisation of a charge
29.Expenses
PART 7 ENFORCEMENT
30.Authority’s power to give directions
31.Removal from the register
32.Directions and revocation: procedure
33.Powers of the court
34.Financial penalties
35.(1) Where the Authority proposes to impose a penalty under...
36.Sections 210 (statements of policy) and 211 (statements of policy:...
37.Paragraph 16 (penalties) of Schedule 1 to the Act is...
38.Offence of misleading the Authority
PART 8 THE TRIBUNAL
39.Functions of the Tribunal
40.Hearings and appeals
PART 9 MISCELLANEOUS
41.Notification of the Commission
42.Guidance
43.Disclosure of information
44.Warning notices and decision notices
45.Authority’s exemption from liability in damages
46.Modifications of primary and secondary legislation
Signature
SCHEDULE
MODIFICATIONS TO PRIMARY AND SECONDARY LEGISLATION
PART 1 PRIMARY LEGISLATION
1.Modification of the Companies Act 1985
2.Modifications of the 1986 Act
3.Modifications of the Act
4.Section 166 (reports by skilled persons) of the Act is...
5.Paragraph 17 (fees) of Part 3 of Schedule 1 to...
6.Modification of the 2006 Act
PART 2 SECONDARY LEGISLATION
7.Modifications of the Insolvency Rules 1986
8.Modification to the Insolvency (Scotland) Rules 1986
9.Modifications of the 1989 Order
10.Modifications of the Insolvency Rules (Northern Ireland) 1991
11.Modification of the Cross-Border Insolvency Regulations 2006
12.Modification of the Cross-Border Insolvency (Northern Ireland) Regulations 2007
Explanatory Note