(1) The compensation scheme may, in particular, include provision requiring or enabling the scheme manager to make arrangements for securing continuity of cover for -

(a) plan holders;

(b) plan holders of a specified class;

(c) plan holders of funeral plan contracts of a specified class.

(2) In this section -

"plan holder" means -

(a) a person who has a funeral plan contract with a relevant funeral plan provider, or

(b) a person whose funeral is to be provided or secured under a funeral plan contract with a relevant funeral plan provider;

"relevant funeral plan provider" means a relevant person who -

(a) has permission to enter into or carry out a funeral plan contract as provider, and

(b) is unable, or likely to be unable, to satisfy claims made against them.