20
Funding - Business Acquisitions from Non-DAS Members
20.1
This Chapter applies only to the FSCS.
- 03/07/2015
20.2
If a DAS member (A) assumes a liability to repay protected dormant accounts held by a non-DAS member (B) and the assumption of liability takes place after the date to which, or as of which, A's most recent tariff statement is drawn up, the FSCS must not require A to pay an additional amount as a result of that acquisition.
- 03/07/2015
20.3
This Chapter only applies with respect to those financial years of the FSCS for which A's levies are calculated on the basis of a tariff statement drawn up to a date, or as of a date, before the assumption of liability took place.
- 03/07/2015