34However, Article 13 of Regulation No 1346/2000 does provide for an exception to the general rule, in Article 4(1) of Regulation No 1346/2000, that the law applicable to insolvency proceedings and their effects is to be the lex fori concursus. That exception, which, as stated in recital 24 of that regulation, aims to protect legitimate expectations and the certainty of transactions in Member States other than that in which proceedings are opened, must be interpreted strictly, and its scope cannot go beyond what is necessary to achieve that objective.
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