58

Transitional Provisions – Coverage Level

58.1

This Chapter applies with effect from 30 January 2017 and is deleted with effect from 1 July 2017.

58.2

This Chapter does not apply to the FSCS.

58.3

In this Chapter:

SCV, continuity of access and information rule amendments

means the amendment of this Part so as to:

    1. (1) omit 12.A1, 12.A2, 13.A1, 13.A2, 16.A1, 17.A1, 18.A1 and 23.A1; and
    2. (2) replace references to “£75,000” in Chapter 12, Annex 1 (Information Sheet (Chapter 16)) and Annex 2 (Content of Compensation Stickers and Posters (Chapter 23)) with references to “£85,000”.

58.4

A firm shall, as soon as practicable after 30 January 2017 and in any event on or before 30 June 2017, comply with this Part as if the SCV, continuity of access and information rule amendments had been made.