{
  "url": "https://openlegislation.uk/financial-services-and-markets-act-2000-financial-services-compensation-scheme-order-2013/article-2",
  "json_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-financial-services-compensation-scheme-order-2013/article-2.json",
  "legislation": "uksi/2013/598",
  "legislation_title": "The Financial Services and Markets Act 2000 (Financial Services Compensation Scheme) Order 2013",
  "legislation_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-financial-services-compensation-scheme-order-2013",
  "path": "article/2",
  "kind": "article",
  "number": "2",
  "heading": "PRA rule making",
  "text": "(1) The PRA may make rules under section 213(1) of the Act establishing a scheme for compensating persons in cases where relevant persons or successors are unable, or likely to be unable, to satisfy the following claims against them—\n(a) claims for a deposit within the meaning of article 5 of the Regulated Activities Order including—\n(i) a deposit that would otherwise be excluded by article 6 of that Order; ...\n(ii) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n(b) claims under a contract of insurance;\n(c) claims in respect of the activity of managing the underwriting capacity of a Lloyd’s syndicate as a managing agent at Lloyd’s as specified in article 57 of the Regulated Activities Order; and\n(d) claims in respect of the activity of arranging, by the society incorporated by Lloyd’s Act 1871 by the name of Lloyd’s, of deals in contracts of insurance written at Lloyd’s as specified in article 58 of the Regulated Activities Order.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Art. 2(1)(a)(ii) and word omitted (6.6.2022) by virtue of Dormant Assets Act 2022 (c. 5), ss. 28(2), 34(3) (with s. 28(4)); S.I. 2022/582, reg. 2"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "Art. 2 in force at 1.4.2013, see art. 1(1)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2013/598/article/2",
    "retrieved_at": "2026-10-29T01:00:59.498172+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."
}