Article 3 Application and modification of the Insolvency (England and Wales) Rules 2016 in relation to insurersF4I1
United Kingdom
The F1Insolvency (England and Wales) Rules 2016, so far as they give effect to Part 2 of the 1986 Act, have effect in relation to insurers with the following modifications—
in F2rule 3.12(1) (the hearing) after sub-paragraph (a) insert—
“(aa)the F3Financial Conduct Authority and, where the person is a PRA-authorised person within the meaning of the Financial Services and Markets Act 2000, the Prudential Regulation Authority;
(ab)the scheme manager of the Financial Services Compensation Scheme;”.
Annotations
Textual amendments
- F1
Words in art. 3 substituted (23.4.2019) by The Financial Services and Markets (Insolvency) (Amendment of Miscellaneous Enactments) Regulations 2019 (S.I. 2019/755), regs. 1, 8(2)(b)
- F2
Words in art. 3 substituted (23.4.2019) by The Financial Services and Markets (Insolvency) (Amendment of Miscellaneous Enactments) Regulations 2019 (S.I. 2019/755), regs. 1, 8(2)(c)
- F3
Words in art. 3 substituted (1.4.2013) by The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013 (S.I. 2013/472), Sch. 2 para. 195(a)
- F4
Words in art. 3 heading substituted (23.4.2019) by The Financial Services and Markets (Insolvency) (Amendment of Miscellaneous Enactments) Regulations 2019 (S.I. 2019/755), regs. 1, 8(2)(a)