Part 4Flood insurance
The Flood Reinsurance Scheme
65Scheme 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”.