SCHEDULE 2Amendments to the Financial Services and Markets Act 2000
25.
(1)
Section 215 M1 (rights of the scheme in insolvency) is amended as follows.
(2)
In subsection (3) for the words from “a company” to the end substitute—
“(a)
a company or partnership which is a relevant person; or
(b)
a body corporate or unincorporated association which is a relevant exchange;
the scheme manager has the same rights as are conferred on the regulators by section 362.”.
(3)
In subsection (4) after “relevant person” insert “
or relevant exchange
”
.