normal insolvency proceedings
Defined in Article 2, Regulation (EU) 2021/23
Definitions over time (1)
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For the purposes of this Regulation the following definitions apply:
‘normal insolvency proceedings’ means collective insolvency proceedings which entail the partial or total divestment of a debtor and the appointment of a liquidator or an administrator normally applicable to CCPs under national law and either specific to those institutions or generally applicable to any natural or legal person;
Used in (35 places in 25 provisions on 12/11/2026)
Regulation (EU) 2021/23 (35 in 25)
Recital 52 · Recital 7 · Recital 17 · Recital 362 · Recital 462 · Recital 472 · Recital 70 · Recital 76 · Recital 96 · Article 2 · Article 15 · Article 23 · Article 27 · Article 332 · Article 40 · Article 42 · Article 43 · Article 51 · Article 60 · Article 613 · Article 62 · Article 71 · Article 732 · Article 753 · Article 77