Financial Services and Markets Act 2022 · s 131

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s 131Modification of law of insolvency

Despite anything to the contrary in this Act, the Companies Act 1967 and the Insolvency, Restructuring and Dissolution Act 2018 —

(a)

any sale, transfer, assignment or other disposition of any property or business of a pertinent financial institution pursuant to section 67 or 73 must not be reversed, repaid or set aside, except where a certificate has been issued under section 71 to reverse such sale, transfer, assignment or other disposition; and

(b)

no order may be made by any court for the rectification or stay of any such sale, transfer, assignment or other disposition.