Version status: In force | Document consolidation status: No known changes
Version date: 26 November 2018 - onwards
  Version 2 of 2    

41. Consequential amendments

(1) The Investor Compensation Act 1998 is amended -

(a) in section 30(1), in paragraph (vi) (amended by section 120(2) of the Act of 2010) of the definition of "net loss", and

(b) in section 35(3)(c) (amended by section 120(3) of the Act of 2010),

by the substitution of "Directive (EU) 2015/849 of the European Parliament and of the Council of 20 May 2015 [OJ No. L 141, 5.6.2015, p. 73] on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing, amending Regulation (EU) No 648/2012 of the European Parliament and of the Council, and repealing Directive 2005/60/EC of the European Parliament and of the Council and Commission Directive 2006/70/EC" for "Directive 2005/60/EC of the European Parliament and of the Council of 26 October 2005 on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing".

(2) Regulation 64(2)(f) of the European Union (Insurance and Reinsurance) Regulations 201