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Changes over time for: Section 369A


Timeline of Changes
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Status:
Point in time view as at 06/06/2022.
Changes to legislation:
Financial Services and Markets Act 2000, Section 369A is up to date with all changes known to be in force on or before 07 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.

Changes to Legislation
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[369AReclaim funds: service of petition etc on [FCA and PRA] U.K.
This section has no associated Explanatory Notes
(1)If a person [other than a regulator] presents a petition for the winding up of an authorised reclaim fund, the petitioner must serve a copy of the petition [on the appropriate regulator].
(2)If a person [other than a regulator] applies to have a provisional liquidator appointed under section 135 of the 1986 Act (or Article 115 of the 1989 Order) in respect of an authorised reclaim fund, the applicant must serve a copy of the application [on the appropriate regulator].
(3)In this section “authorised reclaim fund” [has the same meaning as in the Dormant Assets Acts 2008 to 2022 (see section 26 of the Dormant Assets Act 2022)].
[(4)"The appropriate regulator” means—
(a)in relation to an authorised reclaim fund that is a PRA-authorised person, the FCA and the PRA, and
(b)in relation to any other authorised reclaim fund, the FCA.
(5)If either regulator—
(a)presents a petition for the winding up of an authorised reclaim fund that is a PRA-authorised person, or
(b)applies to have a provisional liquidator appointed under section 135 of the 1986 Act (or Article 115 of the 1989 Order) in respect of an authorised reclaim fund that is a PRA-authorised person,
that regulator must serve a copy of the petition or application (as the case requires) on the other regulator.]]
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