SCHEDULES
SCHEDULE 6

Control of business transfers
2
Before section 104 insert—

Meaning of “the appropriate regulator”
103A
1
In this Part “the appropriate regulator” means—
a
in relation to a scheme in respect of which the authorised person concerned is a PRA-authorised person, the PRA;
b
in any other case, the FCA.
2
In this Part, “the authorised person concerned”—
a
in the case of an insurance business transfer scheme, is to be read in accordance with section 105(2);
b
in the case of a banking business transfer scheme, is to be read in accordance with section 106(2);
c
in the case of a reclaim fund business transfer scheme, means the reclaim fund to whose business the scheme relates.
Sch. 6 para. 2 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch.