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The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001

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The Scheme Manager of the Financial Services Compensation Scheme

378.—(1) In Rule 4.1 of those Rules (Voluntary winding up; winding up by court), in paragraph (1)(b), for “Deposit Protection Board” substitute “the scheme manager”.

(2) In Rule 4.72 (Additional provisions as regards certain meetings)—

(a)in paragraph (2)(1) for “to the Deposit Protection Board” substitute “to the scheme manager established under section 212(1) of the Financial Services and Markets Act 2000”, and

(b)in paragraphs (3), (4), (5), (6) and (7) for “the Board” substitute “the scheme manager”.

(3) In Schedule 1 (Deposit Protection Board’s Voting Rights) for “Deposit Protection Board” or “Board” wherever occurring, substitute “scheme manager”.

(1)

Amendments not relevant to this amendment were made to paragraph (2), (3), (4), (5), (6) and (7) by S.I. 1998/1129, article 2, Schedule 1, paragraph 4(5)(a) and (b).

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