Regulation 33 Further amendments to Part 7 of the ActI1

United Kingdom

(1)

In section 111 (sanction of the court for business transfer schemes) in subsection (2)(a) M1 for “certificates have” substitute “ certificate has ”.

(2)

In section 112 (effect of order sanctioning business transfer scheme) omit subsection (9) M2.

(3)

Omit sections 114 (rights of certain policyholders), 114A M3 (notice of transfer of reinsurance contracts) and 116 (effect of insurance business transfers authorised in other EEA States).

Annotations

Marginal citations

M1: Subsection (2)(a) was amended by paragraph 4(3)(a) of Schedule 1 to the Dormant Bank and Building Society Accounts Act 2008 (c.31)
M2: Subsection (9) was amended by S.I. 2008/1468 and paragraph 2 of Schedule 1 to the Financial Services (Banking Reform) Act 2013.
M3: Section 114A was inserted by S.I. 2007/3253.

Commencement

I1: Reg. 33 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(3)