Modifications etc. (not altering text)
C1Sch. 2 applied (with modifications) (4.1.2024) by S.I. 2021/716, reg. 37A (as inserted by The Payment and Electronic Money Institution Insolvency (Amendment) Regulations 2023 (S.I. 2023/1399), regs. 1(2), 12)
C2Sch. 2 applied (with modifications) (4.1.2024) by S.I. 2021/716, Sch. 2A para. 6 (as inserted by The Payment and Electronic Money Institution Insolvency (Amendment) Regulations 2023 (S.I. 2023/1399), reg. 1(2), Sch. 2)
1. Power to pay any class of creditors in full.N.I.
2. Power to make any compromise or arrangement with creditors or persons claiming to be creditors, or having or alleging themselves to have any claim (present or future, certain or contingent, ascertained or sounding only in damages) against the company, or whereby the company may be rendered liable.N.I.
F13. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .N.I.
F1Sch. 2 para. 3 repealed (1.4.2016) by Insolvency (Amendment) Act (Northern Ireland) 2016 (c. 2), ss. 7(2), 28(2), Sch. 4 (with Sch. 2 para. 4); S.R. 2016/203, art. 2
[F23A. Power to bring legal proceedings under Article 177, 178, 202, 203 or 367.]N.I.
F2Sch. 2 para. 3A inserted (27.3.2006) by Insolvency (Northern Ireland) Order 2005 (S.I. 2005/1455 (N.I. 10)), arts. 1(3), 8 (with art. 4); S.R. 2006/21, art. 2 (with S.R. 2006/22, arts. 2-7)