# The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001, Article 394: Meaning of “liable schemes”

Extent: E+W+S+N.I.

(1) For paragraph (a) of regulation 2 of the Personal Pension Scheme (Compensation) Regulations 1988 (application of Regulations) substitute—
“(a) mentioned in regulation 2(1)(a) of the Appropriate Schemes Regulations (insurance policies and annuity contracts), being a scheme established by an authorised insurer who is subject to the provisions of, or participates in, the Financial Services Compensation Scheme:”.
(2) Paragraph (b) of regulation 2 is revoked.
(3) In paragraph (c) of regulation 2, for “the Financial Services Compensation Rules” substitute “the Financial Services Compensation Scheme”.
(4) For paragraph (d) of regulation 2 substitute—
“(d) mentioned in regulation 2(1)(c) of those Regulations (interest-bearing accounts etc. with banks and building societies) being a scheme which is established by an authorised deposit taker who is subject to the provisions of, or participates in, the Financial Services Compensation Scheme.”.

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Source: https://www.legislation.gov.uk/uksi/2001/3649/article/394 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-consequential-amendments-and-repeals-order-2001/article-394
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.