Schedule 13, Part 1, Part 4, paragraph 11(1)
FSMA 2023
Financial Services and Markets Act 2023 · United Kingdom
An order under paragraph 10 may be made on the court’s own motion or on an application by— where the insurer is in financial difficulties by virtue of paragraph 2(1)(a) (write-down order), a person mentioned in paragraph 1(4) of Schedule 19B; where the insurer is in financial difficulties by virtue of paragraph 2(1)(b) (administration), a person mentioned in sub-paragraph (2); where the insurer is in financial difficulties by virtue of paragraph 2(1)(c) (winding up), a person entitled to petition for the winding up of the insurer; a provisional liquidator of the insurer; the FCA.
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Source: legislation.gov.uk · retrieved 2026-09-04