Regulation 33 Death of registered personI1

England and Wales

(1)

Where the registered person is an individual and that person dies, that person’s personal representatives must notify HMCI in writing—

(a)

without delay, of the death; and

(b)

within 28 days of the death, of—

(i)

their intentions regarding the future running of the scheme;

(ii)

the name of the person who is to carry on or manage the scheme in place of the deceased person; and

(iii)

if different, the name of the person appointed pursuant to paragraph (4).

(2)

The deceased person’s personal representatives may carry on the scheme without being registered in respect of it for a period not exceeding 28 days from the date of the person’s death.

(3)

HMCI—

(a)

may extend the period in paragraph (2) by up to one year from the person’s death;

(b)

must notify the deceased person’s personal representatives in writing of a decision under sub-paragraph (a).

(4)

The deceased person’s personal representatives must appoint a person to take day-to-day charge of the scheme during any period in which, in accordance with paragraph (2), they carry on the scheme without being registered in respect of it.

Annotations

Commencement

I1: Reg. 33 in force at 1.7.2013, see reg. 1(1)