The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001

Additional Creditor Members

379.  In Rule 4.152 of those Rules (Membership of Committee), for paragraph (7)(1) substitute—

(7) The following categories of person are to be regarded as additional creditor members—

(a)a representative of the Financial Services Authority who exercises the right under section 371(4)(b) of the Financial Services and Markets Act 2000 to be a member of the committee;

(b)a representative of the scheme manager who exercises the right under section 215(4) of that Act to be a member of the committee..

(1)

Paragraph (7) of rule 4.152 was amended by S.I. 1987/1919, rule 3(1), Schedule, Part I, paragraph 70.