Insurers (Winding-Up) Rules (Northern Ireland) 2005
This section has no associated Explanatory Memorandum
104. In the Insurers (Winding-Up) Rules (Northern Ireland) 2005(1)—
(a)in rule 2(1) (interpretation), omit the definition of “the Authority”;
(b)in rules 5(7), (8)(a) (maintenance of separate financial records for long-term and other business in winding-up) and 16(2) (maintenance of accounting, valuation and other records) and in paragraph 3(2) (present value of additional benefits) of Schedule 2, for “Authority” substitute “Financial Conduct Authority or the Prudential Regulation Authority”.
(1)
S.R. 2005 No. 399; there are amending instruments but none is relevant.