• PART 1: PART 1: Application, Commencement and Interpretation

    • Article 1 - Citation

      These Regulations may be referred to as the Insolvency Regulations 2005.

    • Article 2 - Application

      These Regulations are made by the Minister pursuant to Article 9 of the QFC Law and shall apply in the QFC. To the fullest extent permitted by the QFC Law, the laws, rules and regulations of the State concerning the insolvency, liquidation, winding up, administration and analogous procedures in relation to companies and other bodies corporate and branches shall not apply in the QFC.

    • Article 3 - Commencement

      These Regulations shall come into force on the date of their signature by the Minister.

    • Article 4 - Language

      In accordance with Article 9 of the QFC Law, these Regulations are written in the English language and the English text thereof shall be the official original text. Any translation thereof into another language shall not be authoritative and in the event of any discrepancy between the English text of these Regulations and any other version, the English text shall prevail.

    • Article 5 - Interpretation

      Words and expressions used in these Regulations and interpretative provisions applying to these Regulations are set out in Part 13.