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66. Functions conferred under or by virtue of section 6(1) of the Policyholders Protection Act 1997(2) (schemes of arrangement etc; power of Treasury to intervene).
For relevant amendments see the note on amendments following this instrument.
The Policyholders Protection Act 1997 amends the Policyholders Protection Act 1975 with effect from a future date or dates to be appointed. Section 6(1) of the 1997 Act inserts a new section 17A into the 1975 Act. The functions of the Secretary of State under, or by virtue of, the 1997 Act were transferred to the Treasury by S.I. 1997/2781, article 2(1)(f).
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