Dormant Bank and Building Society Accounts Act 2008 (c. 31)

SCHEDULES

SCHEDULE 2 Amendments to the Financial Services and Markets Act 2000

Amendments to Part 7

2 After section 106 there is inserted—

“106A Reclaim fund business transfer scheme

(1) A scheme is a reclaim fund business transfer scheme if, under the scheme, the whole or part of the business carried on by a reclaim fund is to be transferred to one or more other reclaim funds.

(2) “Reclaim fund” has the meaning given by section 5(1) of the Dormant Bank and Building Society Accounts Act 2008.”