SCHEDULES

SCHEDULE 4REGULATION OF CLAIMS MANAGEMENT SERVICES: TRANSFER SCHEMES

PART 2TRANSFER OF PROPERTY AND STAFF FROM THE REGULATOR TO THE FCA

Transfer of property, rights and liabilities

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The property, rights and liabilities that may be the subject of a transfer scheme include—

a

any that would not otherwise be capable of being transferred or assigned,

b

rights and liabilities under a contract of employment, and

c

amounts in respect of fees paid under the Compensation (Claims Management Services) Regulations 2006 (S.I. 2006/3322).