[214D Contributions under section 214B: supplementary]
Financial Services and Markets Act 2000 (2000 c 8) | Legislation

[214D  Contributions under section 214B: supplementary]

[(1)     This section supplements sections 214B and 214C.

(2)     The scheme manager must determine—

(a)     the amounts of expenses (other than interest) that would have been incurred as mentioned in section 214C(3)(a); and

(b)     the time or times at which those amounts would have been likely to have been incurred.

(3)     The Treasury, or a person designated by the Treasury, must in accordance with regulations appoint a person (“the valuer”) to determine—

(a)     the amounts that would have been likely, at the time when the stabilisation power was exercised, to be recovered as mentioned in section 214C(3)(b); and

(b)     the time or times at which those amounts would have been likely to be recovered.

The person appointed under this subsection may be the person appointed as valuer

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