[72F Fifth exception: financial market]
[72F Fifth exception: financial market]

[Section 72A does not prevent the appointment of an administrative receiver of a company by virtue of—

(a)     a market charge within the meaning of section 173 of the Companies Act 1989 (c 40),

(b)     a system-charge within the meaning of the Financial Markets and Insolvency Regulations 1996 (SI 1996/1469),

(c)     a collateral security charge within the meaning of the Financial Markets and Insolvency (Settlement Finality) Regulations 1999 (SI 1999/2979).]

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