[SCHEDULE 2A Exceptions to Prohibition on Appointment of Administrative Receiver: Supplementary Provisions]
Insolvency Act 1986 (1986 c 45) | Legislation

[SCHEDULE 2A Exceptions to Prohibition on Appointment of Administrative Receiver: Supplementary Provisions]

[Section 72H(1)]

[Capital market arrangement

1

(1)     For the purposes of section 72B an arrangement is a capital market arrangement if—

(a)     it involves a grant of security to a person holding it as trustee for a person who holds a capital market investment issued by a party to the arrangement, or

[(aa)     it involves a grant of security to—

(i)     a party to the arrangement who issues a capital market investment, or

(ii)     a person who holds the security as trustee for a party to the arrangement in connection with the issue of a capital market investment, or

(ab)     it involves a grant of security to a person who holds the security as trustee for a party to the arrangement who agrees to provide finance to another party, or]

(b)     at least one party guarantees the performance of obligations of another party, or

(c)     at least one party provides security in respect of the performance of obligations of another party, or

(d)     the arrangement involves an investment of a kind described in articles 83 to 85 of the Financial Services and Markets Act 2000 (Regulated

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