Paragraph 8 Application of this Part of this ScheduleF1
(1)
This Part of this Schedule applies in relation to a liability of an insurer while the value of the liability is reduced under a write-down order.
(2)
Where the write-down order is varied, this Part of this Schedule applies as if references to the write-down order were to the order as varied.
Annotations
Textual amendments
- F1
Sch. 19B inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(2)(e), Sch. 12 para. 3