- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made).
173.—(1) A person must comply with the following requirements before making an application under regulation 174 (fast track transfers) or regulation 175 (transfers sanctioned by court order).
(2) The person who proposes to make the application must decide on a date (by virtue of regulation 171, this date is known as the “reference date”).
(3) Within a period of 10 working days beginning with the reference date, a notice stating that the person proposes to make the application must be—
(a)published—
(i)in the London, Edinburgh and Belfast Gazettes;
(ii)in two national newspapers in the United Kingdom; and
(iii)in a national newspaper in each of the countries or territories in which a person who was an affected party on the reference date is located; and
(b)sent to all the persons who were affected parties on the reference date.
(4) The applicant must provide the following documents free of charge and without delay to the FCA, the PRA and any other person who requests them—
(a)a statement setting out the terms of the proposed transfer scheme; and
(b)a copy of the proposed application.
The Whole Instrument you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Whole Instrument you have selected contains over 200 provisions and might take some time to download.
Would you like to continue?
The Whole Instrument you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Impact Assessments generally accompany all UK Government interventions of a regulatory nature that affect the private sector, civil society organisations and public services. They apply regardless of whether the regulation originates from a domestic or international source and can accompany primary (Acts etc) and secondary legislation (SIs). An Impact Assessment allows those with an interest in the policy area to understand:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: