C1C2C3C4 Part XV The Financial Services Compensation Scheme

Annotations:

F1Annual plan and report

Annotations:
Amendments (Textual)
F1

S. 218 cross-heading substituted (24.1.2013 for specified purposes, 1.4.2013 in so far as not already in force) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 10 para. 8 (with Sch. 20); S.I. 2013/113, art. 2(1)(c), Sch. Pt. 3; S.I. 2013/423, art. 3, Sch.

217BF2Annual plan

1

The scheme manager must in respect of each of its financial years prepare an annual plan.

2

The plan must be prepared before the start of the financial year.

3

An annual plan in respect of a financial year must make provision about the use of the resources of the scheme manager.

4

The plan may include material relating to periods longer than the financial year in question.

5

Before preparing an annual plan, the scheme manager must consult such persons (if any) as the scheme manager considers appropriate.

6

The scheme manager must publish each annual plan in the way it considers appropriate.