Section 176(4)

After subsection (1) insert— A requirement may be imposed only— on a person (P) against whom a claim has been made under the scheme, on a person (P) who is unable or likely to be unable to satisfy claims under the scheme against P, on a person (“the Third Party”) whom the scheme manager thinks was knowingly involved in matters giving rise to a claim against another person (P) under the scheme, or on a person (“the Third Party”) whom the scheme manager thinks was knowingly involved in matters giving rise to the actual or likely inability of another person (P) to satisfy claims under the scheme. For the purposes of subsection (1A)(b) and (d) whether P is unable or likely to be unable to satisfy claims shall be determined in accordance with provision to be made by the scheme (which may, in particular— apply or replicate, with or without modifications, a provision of an enactment; confer discretion on a specified person).

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