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There are currently no known outstanding effects for the The Deposit Guarantee Scheme Regulations 2015, Section 8.
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8.—(1) This regulation specifies conditions which must be met before the scheme manager may request a loan under section 223B of FSMA for the purposes of—
(a)repaying depositors in accordance with the compensation scheme; or
(b)contributing to the costs of the special resolution regime under section 214B of FSMA or section 61(2)(b) of the Banking Act 2009.
(2) The conditions are—
(a)the PRA has determined whether the scheme manager may raise contributions under the compensation scheme; and
(b)the PRA has notified that determination in writing to the scheme manager and the Treasury.]
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