Regulation 4 Resolution fund order to include third party compensation order
In Case 2, Case 3 or Case 4, where a compensation scheme order or resolution fund order is required to be made in relation to—
(a)
the property transfer instrument, or
(b)
the third country instrument making provision which could be made in a property transfer instrument,
that order must include a third party compensation order M1.
Annotations
Marginal citations
- M1
Defined in section 49(4) of the Act.
Notes on the whole SI
Textual amendments
- F1
Regulations revoked (14.12.2023 for the revocation of reg. 13) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pt. 2 (with s. 1(4)); S.I. 2023/1382, reg. 2(c)(viii)