OpenLegislation

Paragraph 104 Insurers (Winding-Up) Rules (Northern Ireland) 2005I1

United Kingdom

In the Insurers (Winding-Up) Rules (Northern Ireland) 2005f1—

(a)

in rule 2(1) (interpretation), omit the definition of “the Authority”;

(b)

in rules 5(7), (8)(a) (maintenance of separate financial records for long-term and other business in winding-up) and 16(2) (maintenance of accounting, valuation and other records) and in paragraph 3(2) (present value of additional benefits) of Schedule 2, for “Authority” substitute “Financial Conduct Authority or the Prudential Regulation Authority”.

Annotations

Commencement

I1

Sch. 2 para. 104 in force at 1.4.2013, see art. 1(1)

Footnotes

f1

S.R. 2005 No. 399; there are amending instruments but none is relevant.