[217ZA Insurers subject to write-down orders]
Financial Services and Markets Act 2000 (2000 c 8) | Legislation

[217ZA  Insurers subject to write-down orders]

[(1)     The compensation scheme must include provision requiring the scheme manager to take specified measures for safeguarding policyholders affected by write-down orders.

(2)     A person (“P”) is a policyholder affected by a write-down order if—

(a)     P is a policyholder of an insurer in respect of whom a write-down order has effect, and

(b)     the value

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