# Financial Services Act 2010, Paragraph 25


(1) Section 224A (functions under the Banking Act 2009) is amended as follows.
(2) The existing provision becomes subsection (1) of that section.
(3) After that subsection insert—
“(2) Any payment required to be made by the scheme manager by virtue of section 61 of that Act (special resolution regime: compensation) is to be treated for the purposes of this Part as an expense under the compensation scheme.”

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Source: https://www.legislation.gov.uk/ukpga/2010/28/schedule/2/paragraph/25 (the official version)
Page: https://openlegislation.uk/financial-services-act-2010/schedule-2/paragraph-25
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.