[SCHEDULE ZA2 Moratorium: Contract or other Instrument Involving Financial Services]
Insolvency Act 1986 (1986 c 45) | Legislation

[SCHEDULE ZA2 Moratorium: Contract or other Instrument Involving Financial Services]

[Section A18]

[Introductory

1

For the purposes of section A18 “contract or other instrument involving financial services†means a contract or other instrument to which any of the following paragraphs applies.

Financial contracts

2

(1)     This paragraph applies to a financial contract.

(2)     “Financial contract†means—

(a)     a contract for the provision of financial services consisting of—

(i)     lending (including the factoring and financing of commercial transactions),

(ii)     financial leasing, or

(iii)     providing guarantees or commitments;

(b)     a securities contract, including—

(i)     a contract for the purchase, sale or loan of a security, group or index of securities;

(ii)     an option on a security or group or index of securities;

(iii)     a repurchase or reverse repurchase transaction on any such security, group or index;

(c)     a commodities contract, including—

(i)     a contract for the purchase, sale or loan of a commodity or group or index of commodities for future delivery;

(ii)     an option on a commodity or group or index of commodities;

(iii)     a repurchase or reverse repurchase transaction on any such commodity, group or index;

(d)     a futures or forwards contract,

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