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The Courts Act 2003 (Transitional Provisions, Savings and Consequential Provisions) Order 2005

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Periodical payments: Financial Services and Markets Act 2000

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14.  Where a requirement under a long term insurance provision (as defined in section 4(3C) of the Damages Act 1996) arises on or after 1st December 2001 and before 1st April 2005, sections 4(3A) to (3D) and 5 of that Act continue to apply in respect of the authorised insurer, as if a new section 4 of that Act had not been substituted for those provisions by section 101 of the Courts Act 2003.

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