(1) The local court in whose district a regional court is located has exclusive jurisdiction for insolvency proceedings, as the insolvency court, for the district of such regional court.
(2) The governments of the Länder are empowered to designate other or additional local courts as insolvency courts by way of a statutory instrument for the purposes of expedient furtherance or expedited conduct of proceedings, and to determine different districts of insolvency courts. The governments of the Länder may delegate such power to the Land departments of justice.
(3) The statutory instruments referred to in subsection (2) are, as a rule, to determine one insolvency court for each district of a higher regional court at which group jurisdiction pursuant to section 3a may be established. The jurisdiction of the insolvency court thus determined may also encompass the district of one higher regional court in a Land.