{
  "url": "https://openlegislation.uk/deposit-guarantee-scheme-regulations-2015/regulation-8",
  "json_url": "https://openlegislation.uk/deposit-guarantee-scheme-regulations-2015/regulation-8.json",
  "legislation": "uksi/2015/486",
  "legislation_title": "The Deposit Guarantee Scheme Regulations 2015",
  "legislation_url": "https://openlegislation.uk/deposit-guarantee-scheme-regulations-2015",
  "path": "regulation/8",
  "kind": "regulation",
  "number": "8",
  "heading": "Determination by PRA whether contributions may be raised by the scheme manager",
  "text": "(1) This regulation specifies conditions which must be met before the scheme manager may request a loan under section 223B of FSMA for the purposes of—\n(a) repaying depositors in accordance with the compensation scheme; or\n(b) contributing to the costs of the special resolution regime under section 214B of FSMA or section 61(2)(b) of the Banking Act 2009.\n(2) The conditions are—\n(a) the PRA has determined whether the scheme manager may raise contributions under the compensation scheme; and\n(b) the PRA has notified that determination in writing to the scheme manager and the Treasury.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Reg. 8 substituted (31.12.2020) by The Deposit Guarantee Scheme and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1285), regs. 1(3), 5(6); 2020 c. 1, Sch. 5 para. 1(1)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2015/486/regulation/8",
    "retrieved_at": "2026-10-28T23:45:00.417267+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}