Financial Services and Markets Act 2000

[F1 215B Scheme manager’s power to require assistance from liquidator etc. in relation to funeral plan contracts U.K.

(1) This section applies in relation to the administration or winding up of a relevant funeral plan provider.

(2) The administrator or liquidator of the relevant funeral plan provider must, at the request of the scheme manager, provide any assistance identified by the scheme manager as being necessary—

(a) to enable the scheme manager to administer the compensation scheme in relation to funeral plan contracts, and

(b) to enable the scheme manager to secure continuity of cover in relation to funeral plan contracts.

(3) “Relevant funeral plan provider” has the meaning given in section 215A.]

Textual Amendments

F1 Ss. 215A, 215B inserted (16.5.2022 for specified purposes, 29.7.2022 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2022 (S.I. 2022/466), arts. 1(3), 6(6)