Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 April 2014 - onwards
  Version 2 of 2    

16. Scheme manager: appointment of accounting officer

(1) Section 212 of FSMA 2000 (the scheme manager of the Financial Services Compensation Scheme) is amended as follows.

(2) In subsection (3) -

(a) omit the "and" following paragraph (a),

(b) after that paragraph insert -

"(aa) a chief executive (who is to be the accounting officer); and", and

(c) in paragraph (b), after "chairman" insert "and chief executive".

(3) In subsection (4) -

(a) after "chairman", in the first place, insert ", chief executive", and

(b) after "chairman", in the second place, insert "and the chief executive".