SCHEDULES

SCHEDULE 12 Transfer schemes: certificates

F1Part 2AReclaim fund business transfer schemes

Annotations:
Amendments (Textual)

9ACertificate as to financial resources

For the purposes of section 111(2) the appropriate certificate, in relation to a reclaim fund business transfer scheme, is a certificate given by the Authority certifying that, taking the proposed transfer into account, the transferee possesses, or will possess before the scheme takes effect, adequate financial resources.