Section 112A(1)

Subsection (2) applies where (apart from that subsection) a person would be entitled, in consequence of anything done or likely to be done by or under this Part in connection with an insurance business transfer scheme , a banking business transfer scheme or a ring-fencing transfer scheme— to terminate, modify, acquire or claim an interest or right; or to treat an interest or right as terminated or modified.

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