{
  "url": "https://openlegislation.uk/financial-services-and-markets-act-2000-transitional-provisions-repeals-and-savings-financial-services-compensation-scheme-amendment-order-2004/note",
  "json_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-transitional-provisions-repeals-and-savings-financial-services-compensation-scheme-amendment-order-2004/note.json",
  "legislation": "uksi/2004/952",
  "legislation_title": "The Financial Services and Markets Act 2000 (Transitional Provisions, Repeals and Savings) (Financial Services Compensation Scheme) (Amendment) Order 2004",
  "legislation_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-transitional-provisions-repeals-and-savings-financial-services-compensation-scheme-amendment-order-2004",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Order)\nThis Order amends article 3(7) of the Financial Services and Markets Act 2000 (Transitional Provisions, Repeals and Savings) (Financial Services Compensation Scheme) Order 2001 (“the principal Order”) (S.I. 2001/2967).\nThis Order provides that where eligibility to compensation in respect of a post-commencement application (as defined in article 3(5) of the principal Order) under an investment business compensation scheme is determined by reference to eligibility to compensation under the Policyholders Protection Act 1975 (“the 1975 Act”), an application shall be eligible for compensation (in accordance with rules made by the Financial Services Authority under article 6(2) of the principal Order) as if the 1975 Act had applied to insurers in administration in the same way as that Act applied to insurers in provisional liquidation.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2004/952/note",
    "retrieved_at": "2026-10-29T05:28:20.971977+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."
}