16Scheme manager: appointment of accounting officerU.K.
This section has no associated Explanatory Notes
(1)Section 212 of FSMA 2000 (the scheme manager of the Financial Services Compensation Scheme) is amended as follows.
(2)In subsection (3)—
(a)omit the “and” following paragraph (a),
(b)after that paragraph insert—
“(aa)a chief executive (who is to be the accounting officer); and”, and
(c)in paragraph (b), after “chairman” insert “ and chief executive ”.
(3)In subsection (4)—
(a)after “chairman”, in the first place, insert “ , chief executive ”, and
(b)after “chairman”, in the second place, insert “ and the chief executive ”.
Commencement Information
I1S. 16 in force at 1.4.2014 by S.I. 2014/377, art. 2(2)(a)