2015 No. 1875
The Flood Reinsurance (Scheme and Scheme Administrator Designation) Regulations 2015
Made
Coming into force in accordance with regulation 1
The Secretary of State makes the following Regulations in exercise of the powers conferred by sections 64(1)(b) and 65(1) and (2) of the Water Act 20141.
A draft of these Regulations has been laid before and approved by a resolution of each House of Parliament pursuant to section 84(6) of that Act.
Citation and commencementI11
These Regulations may be cited as the Flood Reinsurance (Scheme and Scheme Administrator Designation) Regulations 2015 and come into force on the day after the day on which they were made.
Designation of the Flood Reinsurance SchemeI22
The scheme described in the Scheme Document dated 22nd June 2015 and established by Flood Re Limited (registered number 08670444) is designated as the Flood Reinsurance Scheme for the purposes of Part 4 of the Water Act 20142.
Designation of the Flood Reinsurance Scheme administratorI33
Flood Re Limited is designated as the Flood Reinsurance Scheme administrator for the purposes of section 65(1) of the Water Act 2014.
(This note is not part of the Regulations)