Part VII

Control of Business Transfers

Scheme reports
109
1
An application under section 107 in respect of an insurance business transfer scheme must be accompanied by a report on the terms of the scheme (“a scheme report”).
2
A scheme report may be made only by a person—
a
appearing to the Authority to have the skills necessary to enable him to make a proper report; and
b
nominated or approved for the purpose by the Authority.
3
A scheme report must be made in a form approved by the Authority.