UK Statutory Instrument SI 2001/4040 United Kingdom

The Insurers (Winding Up) (Scotland) Rules 2001

Status
In Force

What it defines

Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

25 other provisions — procedural and definitional
s.art001 Citation, commencement and revocation
s.art002 Interpretation
s.art003 Application
s.art004 Financial Services Compensation Scheme
s.art005 Separation of long-term and other business in winding up
s.art006 Valuation of general business policies
s.art007 Valuation of long-term policies
s.art008 Valuation of long-term policies: stop order made
s.art009 Attribution of liabilities to company’s long-term business
s.art010 Attribution of assets to company’s long-term business
s.art011 Excess of long-term business assets
s.art012 Actuarial advice
s.art013 Utilisation of excess of assets
s.art014 Custody of assets
s.art015 Maintenance of accounting, valuation and other records
s.art016 Additional powers in relation to long-term business
s.art017 Accounts and audit
s.art018 Caution for long-term and other business
s.art019 Claims
s.art020 Failure to pay premiums
s.art021 Notice of valuation of policy
s.art022 Dividends to creditors
s.art023 Meetings of creditors
s.art024 Apportionment of expenses of liquidation
s.art025 Notice of stop order
Schedules

Schedules

0 of 17 shown
17 other schedules
s.sch001 (1) This paragraph applies in relation to periodic payments under...
s.sch001 (1) This paragraph applies in relation to liabilities under a...
s.sch001 (1) This paragraph applies in relation to liabilities under a...
s.sch002 General
s.sch002 Present value of the ordinary benefits
s.sch002 Present value of additional benefits
s.sch002 Present value of options
s.sch002 Present value of premiums
s.sch002 Value of the policy
s.sch003 (1) Subject to sub-paragraph (2) the value of the policy...
s.sch003 (1) Where the linked liabilities are expressed in terms of...
s.sch003 (1) This paragraph applies where— (a) paragraph 2(2)(a) applies and...
s.sch003 Where the linked liabilities are not expressed in terms of...
s.sch003 (1) The value of any liabilities other than linked liabilities...
s.sch005 Subject to paragraphs 2 and 3, in valuing a policy...
s.sch005 (1) This paragraph applies where the policy holder has a...
s.sch005 (1) This paragraph applies in the case of a linked...

Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.