Schedule 12, Part 2, paragraph 2(1)

This paragraph applies if the manager forms the view that it is in the interests of the insurer’s policyholders and other creditors (taken as a whole) for the write-down order to be— revoked, or varied in one or more respects.

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Source: legislation.gov.uk · retrieved 2026-09-04 · Text as consolidated on 2026-07-13; changes after this date are not shown.