{
  "url": "https://openlegislation.uk/financial-services-act-2012-consequential-amendments-and-transitional-provisions-order-2013/schedule-2/paragraph-109",
  "json_url": "https://openlegislation.uk/financial-services-act-2012-consequential-amendments-and-transitional-provisions-order-2013/schedule-2/paragraph-109.json",
  "legislation": "uksi/2013/472",
  "legislation_title": "The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013",
  "legislation_url": "https://openlegislation.uk/financial-services-act-2012-consequential-amendments-and-transitional-provisions-order-2013",
  "path": "schedule/2/paragraph/109",
  "kind": "paragraph",
  "number": "109",
  "heading": "The Insurers (Reorganisation and Winding Up) (Lloyd’s) Regulations 2005",
  "text": "In the Insurers (Reorganisation and Winding Up) (Lloyd’s) Regulations 2005—\n(a) in regulation 2(1) (interpretation)—\n(i) insert in the appropriate places—\n““the FCA” means the Financial Conduct Authority;\n“the PRA” means the Prudential Regulation Authority;”\n(ii) in the definition of “relevant trust fund”, for “Authority” substitute “FCA or the PRA”;\n(b) in regulation 6 (application for a Lloyd’s market reorganisation order)—\n(i) in paragraph (1), for “the Authority” substitute “the PRA”;\n(ii) after paragraph (1) insert—\n“(1A) Before making an application under paragraph (1), the PRA must consult the FCA.”;\n(iii) in paragraph (3), for “The Authority” substitute “The FCA, the PRA”;\n(c) in regulation 7 (powers of the court)—\n(i) in paragraph (3), for “Authority” in each place it appears substitute “PRA”;\n(ii) in paragraph (5), for “and the Authority” substitute “, the FCA and the PRA”;\n(d) in regulation 8(12) (moratorium), for “Authority” substitute “PRA”;\n(e) in regulation 10 (announcement of appointment of controller), for “the Authority” in each place it appears, substitute “the PRA”;\n(f) in regulation 11 (market reorganisation plan), for “Authority” in each place it appears substitute “PRA”;\n(g) in regulation 14 (revocation of an order under regulation 13), for “Authority” substitute “PRA”;\n(h) in regulation 31 (payments from central funds), for “Authority” in each it appears substitute “PRA”;\n(i) in the heading to regulation 33 (notification of relevant decision) for “Authority” substitute “PRA”;\n(j) in regulation 48 (non-EEA countries), for “Authority” in each place it appears substitute “PRA”.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 2 para. 109 in force at 1.4.2013, see art. 1(1)"
    },
    {
      "type": "footnote",
      "label": "f1",
      "text": "S.I. 2005/1998; amended by S.I.2007/852 and S.I.2011/1265."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2013/472/schedule/2/paragraph/109",
    "retrieved_at": "2026-10-29T01:02:28.872417+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."
}