Regulation 39
Exemption from moratorium provisions of Act
of Financial Services and Markets (Resolution of Financial Institutions) Regulations 2024
Subsidiary LegislationIn forceProvision 40 of 46
Regulation 39
Sections 68(2), 76(13) and 79(13) of the Act do not apply to a market infrastructure or the operator of a designated system, when enforcing any security held by it in accordance with the margin rules or default arrangements of the market infrastructure or designated system.