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

5 In Schedule 12, after Part 2 there is inserted—

“Part 2A Reclaim fund business transfer schemes

Certificate as to financial resources

9A 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.”