Section 224D(3)

Where a notice under subsection (2) is given, the FSCS manager may recover from the manager of the relevant scheme an amount equal to the total expenses incurred by the FSCS manager in connection with the relevant scheme in the period— beginning with the giving of the section 224C notice; and ending with the giving of the notice under subsection (2).

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