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Dormant Bank and Building Society Accounts Act 2008

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There are currently no known outstanding effects for the Dormant Bank and Building Society Accounts Act 2008, Paragraph 4. Help about Changes to Legislation

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4(1)Section 111 (sanction of the court for business transfer schemes) is amended as follows.U.K.

(2)In subsection (1), for “or a banking business transfer scheme” there is substituted “, a banking business transfer scheme or a reclaim fund business transfer scheme”.

(3)In subsection (2)—

(a)at the beginning of paragraph (a) there is inserted “in the case of an insurance business transfer scheme or a banking business transfer scheme,”;

(b)after that paragraph there is inserted—

(aa)in the case of a reclaim fund business transfer scheme, the appropriate certificate has been obtained (as to which see Part 2A of that Schedule);.

Commencement Information

I1Sch. 2 para. 4 in force at 12.3.2009 by S.I. 2009/490, art. 2

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