SCHEDULE
Article 4
Consequential Amendments
1. Part 1 of Schedule A1 to the Insolvency Act 19866(moratorium where directors propose voluntary arrangement) is amended as follows—
(a) in paragraph 4E(1)(a) after “article 77” insert “or 77A”;
(b) in the definition of “bond” in paragraph 4F(3) after “article 77 of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001” insert “, and includes any instrument falling within article 77A of that Order”.
2. Schedule 2A to the Insolvency Act 19867(exceptions to prohibition on appointment of administrative receiver: supplementary provisions) is amended as follows—
(a) in paragraph 2(1)(a) after “article 77” insert “or 77A”;
(b) in the definition of “bond” in paragraph 3(2) after “article 77 of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001” insert “, and includes any instrument falling within article 77A of that Order”.
The Insolvency (Northern Ireland) Order 1989
3. Part 1 of Schedule A1 to the Insolvency (Northern Ireland) Order 19898(moratorium where directors propose voluntary arrangement) is amended as follows—
(a) in paragraph 9(1)(a) after “article 77” insert “or 77A”;
(b) in the definition of “bond” in paragraph 10(3) after “article 77 of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001” insert “, and includes any instrument falling within article 77A of that Order”.
4. Schedule 1A to the Insolvency (Northern Ireland) Order 19899(exceptions to prohibition on appointment of administrative receiver: supplementary provisions) is amended as follows—
(a) in paragraph 2(1)(a) after “article 77” insert “or 77A”;
(b) in the definition of “bond” in paragraph 3(2) after “article 77 of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001” insert “, and includes any instrument falling within article 77A of that Order”.
5. The Financial Services and Markets Act 2000 (Regulated Activities) Order 2001
The Principal Order is amended as follows—
(a) in article 18(2)(b) for “or 77” substitute “, 77 or 77A”;
(b) in article 25D(2)(a)10after “77,” insert “77A,”;
(c) in article 71(6)(a)(i) for “or 77” substitute “, 77 or 77A”;
(d) in article 71(6)(a)(ii) for “and 77” substitute “, 77 and 77A”;
(e) in article 72F(1)11after sub-paragraph (a)(ii) in the definition of “Business Angel-led Enterprise Capital Fund” insert—
“(iia)
“(iia) article 77A, being rights under an alternative finance investment bond issued by an unlisted company;”;
(f) in article 79(1) after “77” insert “, 77A”.
6. The Financial Services and Markets Act 2000 (Carrying on Regulated Activities by Way of Business)...