The Flood Reinsurance (Scheme Funding and Administration) Regulations 2015

This draft Statutory Instrument supersedes the draft of the same title which was laid before Parliament and published on 19th March 2015 (ISBN 978-0-11-113404-7). It is being issued free of charge to all known recipients of that draft Statutory Instrument.

Draft Regulations laid before Parliament under section 84(6) of the Water Act 2014, for approval by resolution of each House of Parliament.

Draft Statutory Instruments

2015 No.000

Insurance

The Flood Reinsurance (Scheme Funding and Administration) Regulations 2015

Made

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Coming into force

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The Secretary of State makes the following Regulations, with the consent of the Treasury, in exercise of the powers conferred by sections 64(3) and (4), 66(1) to (4), 67(1) to (7) and (9), 69(4), 82(3), (5) and (7) and 84(3) and (4) of the Water Act 2014(1) (“the Act”).

The Secretary of State has consulted the Commissioners for Her Majesty’s Revenue and Customs in accordance with section 69(7) of the Act.

The Secretary of State has consulted such persons as the Secretary of State thinks appropriate in accordance with section 82(4) of the Act.

A draft of these Regulations has been laid before and approved by a resolution of each House of Parliament pursuant to section 84(6) of the Act.