Schedule 19B, Part 1, paragraph 1(2)

This Part of this Schedule ceases to apply— where the court orders that it should cease to apply (and in accordance with the terms of the order), or where the write-down order ceases to have effect (because, in accordance with section 377H, each reduction in the value of a liability of the insurer ceases to have effect).

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Source: legislation.gov.uk · retrieved 2026-09-04