This section has no associated Explanatory Notes
2Before section 104 insert—
“103AMeaning of “the appropriate regulator”
(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.”