233 Insolvency regulations
Banking Act 2009 (2009 c 1) | Legislation

233  Insolvency regulations

(1)     The Treasury may by regulations (“investment bank insolvency regulations”)—

(a)     modify the law of insolvency in its application to investment banks;

(b)     establish a new procedure for investment banks where—

(i)     they are unable, or are likely to become unable, to pay their debts (within the meaning of section 93(4)), or

(ii)     their winding

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