SCHEDULES

F1SCHEDULE 19AThe manager of a write-down order

Annotations:
Amendments (Textual)

5Provision of information and assistance to the manager

1

The manager may require a relevant person to provide such information or assistance as the manager may reasonably require for the purpose of carrying out the manager’s functions.

2

Each of the following is a “relevant person” for these purposes—

a

a director of the insurer, or of a body corporate in the same group as the insurer;

b

an employee of the insurer, or of a body corporate in the same group as the insurer;

c

a person providing a service to the insurer, or to a body corporate in the same group as the insurer;

d

a person who has at any relevant time been a person falling within paragraph (a), (b) or (c).

3

A relevant person must comply with a requirement under this paragraph to provide information as soon as is practicable.

4

The obligation imposed by sub-paragraph (3) is enforceable, on the application of the manager—

a

by an injunction, or

b

in Scotland, by an order for specific performance under section 45 of the Court of Session Act 1988.