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Section 215(2ZA)

FSMA 2000

The compensation scheme may also make provision in relation to a relevant person, or to a successor of a description falling within section 213(1)(b), who enters into or carries out funeral plan contracts and is unable, or likely to be unable, to satisfy claims made against them— about rights or obligations in connection with any trust or contract of insurance relating to the funeral plan contracts entered into or carried out by such a person or successor; about the effect of a payment of compensation, or of a payment in connection with securing continuity of funeral plan contracts under the scheme, on rights and obligations arising out of matters in connection with which the payment was made; giving the scheme manager a right of recovery in respect of the rights or obligations referred to in paragraphs (a) and (b).

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