Regulation 12 Duties of the IBCA in relation to sums repaid to itI1
United Kingdom
(1)
The IBCA must retain any payments it recovers under regulation 80.
(2)
The IBCA must use any such payments for—
(a)
administering the IBCS, or
(b)
making payments under the IBCS.
Annotations
Commencement
- I1
Reg. 12 in force at 31.3.2025, see reg. 1(2)