Section 110(1)

On an application under section 107 relating to an insurance business transfer scheme, a banking business transfer scheme or a reclaim fund business transfer scheme, the following are also entitled to be heard— the FCA, in the case of a scheme falling within subsection (2), the PRA, and any person (including an employee of the transferor concerned or of the transferee) who alleges that he would be adversely affected by the carrying out of the scheme.

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