The Flood Reinsurance (Amendment) Regulations 2022

Amendment to the Flood Reinsurance (Scheme Funding and Administration) Regulations 2015

This section has no associated Explanatory Memorandum

3.—(1) In regulation 8 of the Flood Reinsurance (Scheme Funding and Administration) Regulations 2015(1), for “£180 million” substitute “£135 million”.

(2) The amendment made by paragraph (1) does not have the effect of altering or extinguishing any obligation or liability arising prior to the date on which these Regulations come into force.