Schedule 12, Part 4, paragraph 5(5)
FSMA 2023
Financial Services and Markets Act 2023 · United Kingdom
Financial assistance given under this section— must not be used for any purpose other than the purpose mentioned in subsection (4); is not to be taken into account, to any extent, in valuing the assets of the insurer for any purpose.
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Source: legislation.gov.uk · retrieved 2026-09-04