# Policyholders Protection Act 1997 (repealed), Paragraph 4

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

(1) In paragraph 7, the inserted section 8A shall be amended as follows.
(2) The existing provision shall become subsection (1) and, in that subsection—
(a) after “14” there shall be inserted “ and subsection (2) ”, 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—
“(2) The duty of the Board under subsection (1) above shall only apply if the liability is in respect of a protected risk”.

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Source: https://www.legislation.gov.uk/ukpga/1997/18/schedule/4/paragraph/4 (the official version)
Page: https://openlegislation.uk/policyholders-protection-act-1997-repealed/schedule-4/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.