Section 377J: Further provision about write-down orders

Financial Services and Markets Act 2000 · 2000 c. 8View on legislation.gov.uk

Part XXIV: Insolvency

In Schedule 19B—

Part 1 makes provision about the enforcement of a liability of an insurer while a write-down order has effect;
Part 2 makes provision about the disposal of an insurer's assets and the making of certain payments by an insurer while a write-down order has effect;
Part 3 makes provision about the treatment of an insurer's liabilities for the purposes of certain provisions relating to insolvency while a write-down order has effect;
Part 4 makes provision about interest payable in respect of liabilities reduced under a write-down order or prevented from being enforced while a write-down order has effect.

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