Article 175 - Commencement of a proceeding under these Regulations after recognition of a non-QFC main proceeding

After recognition of a non-QFC main proceeding, an administration or Liquidation may be commenced only if the Company has assets in the QFC; the effects of that proceeding shall be restricted to the assets of the Company that are located in the QFC and, to the extent necessary to implement cooperation and coordination under Articles 172, 173 and 174, to other assets of the Company that, under these Regulations, should be administered in that proceeding.