# Policyholders Protection Act 1997 (repealed), Paragraph 6

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

(1) Section 11 shall be amended as follows.
(2) In subsection (3)—
(a) after “14” there shall be inserted “ and subsection (3A) ”, and
(b) for “was a United Kingdom policy at the beginning of the liquidation” there shall be substituted “ is a qualifying policy ”.
(3) After that subsection there shall be inserted—
“(3A) The duty of the Board under subsection (3) above shall not apply in relation to a commitment which is not a protected commitment.”

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Source: https://www.legislation.gov.uk/ukpga/1997/18/schedule/2/paragraph/6 (the official version)
Page: https://openlegislation.uk/policyholders-protection-act-1997-repealed/schedule-2/paragraph-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.