22 Liquidating deposit takers or insurance companies
Subsidy Control Act 2022 (2022 c 23) | Legislation

22  Liquidating deposit takers or insurance companies

(1)     A subsidy to an ailing or insolvent deposit taker or insurance company within subsection (2) is prohibited by this section unless the conditions in subsections (3) to (5) are met.

(2)     A deposit taker or insurance company is within this subsection if it cannot be credibly demonstrated

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