In this Part "the appropriate regulator" means—
in relation to a ring-fencing transfer scheme or a scheme (other than a ring-fencing transfer scheme) in respect of which the transferor concerned is a PRA-authorised person, the PRA;
in any other case, the FCA.
In this Part, "the transferor concerned"—
in the case of an insurance business transfer scheme, is to be read in accordance with section 105(2);
in the case of a banking business transfer scheme, is to be read in accordance with section 106(2);
in the case of a reclaim fund business transfer scheme, means the reclaim fund to whose business the scheme relates.