lexiara

Schedule 11, Part 5, paragraph 87(3)

FSMA 2023

In making regulations under this paragraph the Treasury must have regard (among other matters) to the desirability of ensuring that any person who is a relevant person before the making of a stabilisation instrument does not receive less favourable treatment than they would have received had— the CCP entered insolvency immediately before the stabilisation instrument was made, and all the relevant rules of the CCP been applied in the period leading up to the insolvency.

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