SCHEDULES

SCHEDULE 18Further minor and consequential amendments

PART 2Amendments of other Acts of Parliament

Insolvency Act 1986 (c. 45)

I152

1

Section 4A (approval of proposed voluntary arrangement) is amended as follows.

2

In subsection (5), for “Financial Services Authority” substitute “ appropriate regulator ”.

3

After that subsection insert—

5A

The appropriate regulator” means—

a

where the regulated company is a PRA-regulated company within the meaning of paragraph 44 of Schedule A1, the Financial Conduct Authority and the Prudential Regulation Authority, and

b

in any other case, the Financial Conduct Authority.