Part 4Flood insurance

The Flood Reinsurance Scheme

I165Scheme administrator

1

The FR Scheme is to be administered by a body designated by regulations made by the Secretary of State.

2

The Secretary of State may under subsection (1) designate a company registered under the Companies Act 2006 or a body of another kind.

3

In this Part, the body designated under subsection (1) is called “the FR Scheme administrator”.