{
  "url": "https://openlegislation.uk/financial-services-act-2012-transitional-provisions-miscellaneous-provisions-order-2013/article-60",
  "json_url": "https://openlegislation.uk/financial-services-act-2012-transitional-provisions-miscellaneous-provisions-order-2013/article-60.json",
  "legislation": "uksi/2013/442",
  "legislation_title": "The Financial Services Act 2012 (Transitional Provisions) (Miscellaneous Provisions) Order 2013",
  "legislation_url": "https://openlegislation.uk/financial-services-act-2012-transitional-provisions-miscellaneous-provisions-order-2013",
  "path": "article/60",
  "kind": "article",
  "number": "60",
  "heading": "Continuation of contracts of long-term insurance where insurer in liquidation",
  "text": "(1) Paragraph (2) applies if, before the commencement date—\n(a) the court appointed an independent actuary for the purposes of subsection (10) of section 376 (continuation of contracts of long-term insurance where insurer in liquidation) on the application of the Authority; and\n(b) the actuary had not reported to the Authority for the purposes of that subsection.\n(2) The actuary is to report to the PRA.\n(3) This article does not apply in the event that the activity of effecting or carrying out long-term contracts of insurance as principal is not to any extent a PRA-regulated activity.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Section 376 is amended by the 2012 Act, Schedule 14, paragraph 24."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2013/442/article/60",
    "retrieved_at": "2026-10-29T01:02:52.634001+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."
}