SCHEDULES

SCHEDULE 10The Financial Services Compensation Scheme

I1I29

Before section 218 insert—

217BAnnual plan

1

The scheme manager must in respect of each of its financial years prepare an annual plan.

2

The plan must be prepared before the start of the financial year.

3

An annual plan in respect of a financial year must make provision about the use of the resources of the scheme manager.

4

The plan may include material relating to periods longer than the financial year in question.

5

Before preparing an annual plan, the scheme manager must consult such persons (if any) as the scheme manager considers appropriate.

6

The scheme manager must publish each annual plan in the way it considers appropriate.