Schedule 19B, Part 1, paragraph 3

This Part of this Schedule does not apply in relation to— arrangements entered into after the date on which this Part of this Schedule first applied in relation to the insurer; employment tribunal proceedings or any legal process arising out of such proceedings; proceedings, not within paragraph (b), involving a claim between an employer and a worker. Nothing in this Part of this Schedule— prevents the FCA or the PRA from exercising a function it has in relation to the insurer or any other person; prevents a consumer from taking steps to enforce a money award or direction under section 229 or 404B. Nothing in this Part of this Schedule affects the operation of— Part 7 of the Companies Act 1989 (financial markets and insolvency); the Financial Markets and Insolvency Regulations 1996 (S.I. 1996/1469); the Financial Markets and Insolvency (Settlement Finality) Regulations 1999 (S.I. 1999/2979); the Financial Collateral Arrangements (No.2) Regulations 2003 (S.I. 2003/3226). The Treasury may by regulations amend sub-paragraph (3). In this paragraph— “agency worker” has the meaning given by section 13(2) of the Employment Relations Act 1999; “arrangements” includes any agreement, understanding, scheme, transaction or series of transactions; “employer”— in relation to an agency worker, has the meaning given by section 13(2) of the Employment Relations Act 1999; otherwise, has the meaning given by section 230(4) of the Employment Rights Act 1996; “worker” means an individual who is— a worker within the meaning of section 230(3) of the Employment Rights Act 1996, or an agency worker.

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