Regulation 33 Further amendments to Part 7 of the Act

(1)

In section 111 (sanction of the court for business transfer schemes) in subsection (2)(a)^f1 for “certificates have” substitute “certificate has”.

(2)

In section 112 (effect of order sanctioning business transfer scheme) omit subsection (9)^f2.

(3)

Omit sections 114 (rights of certain policyholders), 114A^f3 (notice of transfer of reinsurance contracts) and 116 (effect of insurance business transfers authorised in other EEA States).

Annotations

Footnotes

f1: Subsection (2)(a) was amended by paragraph 4(3)(a) of Schedule 1 to the Dormant Bank and Building Society Accounts Act 2008 (c.31)
f2: Subsection (9) was amended by S.I. 2008/1468 and paragraph 2 of Schedule 1 to the Financial Services (Banking Reform) Act 2013.
f3: Section 114A was inserted by S.I. 2007/3253.