The Payment and Electronic Money Institution Insolvency (Scotland) (Amendment) Rules 2025
These Rules amend the Payment and Electronic Money Institution Insolvency (Scotland) Rules 2022 (S.I. 2022/1239) (“2022 Rules”) which set out the procedure in Scotland for the payment institution special administration process and electronic money institution special administration process under the Payment and Electronic Money Institution Insolvency Regulations 2021 (S.I. 2021/716).
Lifecycle
Department
Made
03 Feb 2025
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In force
26 Feb 2025
Enabling power
The Treasury make the following Rules in exercise of the powers conferred by section 411(1A)(b), (2), (2C) and (3) of the Insolvency Act 1986, as applied and modified by regulation 37 of the Payment and Electronic Money Institution Insolvency Regulations 2021.
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