7SSo much of any amount owed at the relevant date by the debtor to one or more eligible persons in respect of an eligible deposit as exceeds any compensation that would be payable in respect of the deposit under the Financial Services Compensation Scheme to that person or those persons.
Commencement Information
I1Sch. 3 para. 7 in force at 30.11.2016 by S.S.I. 2016/294, reg. 2