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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 31 December 2020 - onwards
Version 5 of 5

Article 3

The following provisions, that is to say -

(a) sections 103A, 104 and 107 to 113 of the Act;

(b) any regulations made under section 108 of the Act; and

(c) Part I of Schedule 12 to the Act;

apply in relation to schemes for the transfer of the whole or any part of the business carried on by one or more underwriting members of the Society or by one or more persons who have ceased to be such a member (whether before, on or after 24th December 1996) ("the members concerned") in the same way as they apply in relation to insurance business transfer schemes, but only if the conditions specified by article 4 are satisfied.