Article 378 The Scheme Manager of the Financial Services Compensation SchemeI1

United Kingdom

(1)

In Rule 4.1 of those Rules (Voluntary winding up; winding up by court), in paragraph (1)(b), for “Deposit Protection Board” substitute “the scheme manager”.

(2)

In Rule 4.72 (Additional provisions as regards certain meetings)—

(a)

in paragraph (2)^f1 for “to the Deposit Protection Board” substitute “to the scheme manager established under section 212(1) of the Financial Services and Markets Act 2000”, and

(b)

in paragraphs (3), (4), (5), (6) and (7) for “the Board” substitute “the scheme manager”.

(3)

In Schedule 1 (Deposit Protection Board’s Voting Rights) for “Deposit Protection Board” or “Board” wherever occurring, substitute “scheme manager”.

Annotations

Commencement

I1: Art. 378 in force at 1.12.2001, see art. 1

Footnotes

f1: Amendments not relevant to this amendment were made to paragraph (2), (3), (4), (5), (6) and (7) by S.I. 1998/1129, article 2, Schedule 1, paragraph 4(5)(a) and (b).