Policyholders Protection Act 1997

14In section 15—

(a)in subsection (2), for the words from “if” to the end there shall be substituted—

(a)if he is a policyholder in respect of a general policy or a long term policy of a company in liquidation which was a United Kingdom policy at the beginning of the liquidation; or

(b)if he is a policyholder in respect of a general policy or a long term policy of a company in provisional liquidation which was a United Kingdom policy at the time when the provisional liquidator was appointed., and

(b)in subsection (3), the words “, in relation to the insurance of a protected risk or commitment” shall be omitted.