{
  "url": "https://openlegislation.uk/policyholders-protection-act-1997-repealed/schedule-2/paragraph-7",
  "json_url": "https://openlegislation.uk/policyholders-protection-act-1997-repealed/schedule-2/paragraph-7.json",
  "legislation": "ukpga/1997/18",
  "legislation_title": "Policyholders Protection Act 1997 (repealed)",
  "legislation_url": "https://openlegislation.uk/policyholders-protection-act-1997-repealed",
  "path": "schedule/2/paragraph/7",
  "kind": "paragraph",
  "number": "7",
  "heading": null,
  "text": "(1) Section 12 shall be amended as follows.\n(2) In subsection (1)—\n(a) at the beginning there shall be inserted “ Subject to subsection (1A) below, ”, and\n(b) for “was a United Kingdom policy at the beginning of the liquidation” there shall be substituted “ is a qualifying policy ”.\n(3) After that subsection there shall be inserted—\n“(1A) The duty of the Board under subsection (1) above shall not apply if the policy does not relate to a protected commitment.”",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1997/18/schedule/2/paragraph/7",
    "retrieved_at": "2026-10-29T09:27:41.010709+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."
}