s 81G Disclaimer of onerous property, rescission of contracts, etc.
81G.—(1) Sections 230, 231, 373 and 374 of the Insolvency, Restructuring and Dissolution Act 2018 do not apply to —(a) a market contract; (b) a contract effected by an approved clearing house, or a recognised clearing house, for the purpose of realising property provided as market collateral; (c) a market charge; or (d) any default proceedings.[34/2012; 40/2018] (2) Sections 130(1), 170(1) and 328 of the Insolvency, Restructuring and Dissolution Act 2018 do not apply to any act, matter or thing which has been done under —(a) a market contract; (b) a disposition of property pursuant to a market contract; (c) the provision of market collateral; (d) a contract effected by an approved clearing house, or a recognised clearing house, for the purpose of realising property provided as market collateral, or any disposition of property pursuant to such a contract; (e) a disposition of property in accordance with the business rules of an approved clearing house, or a recognised clearing house, relating to the application of property provided as market collateral; (f) a disposition of property as a result of which the property becomes subject to a market charge, or any transaction pursuant to which that disposition is made; (g) a disposition of property for the purpose of enforcing a market charge; (h) a market charge; or (i) any default proceedings.[34/2012; 40/2018]