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Statutory Instruments

2015 No. 1875

Insurance

The Flood Reinsurance (Scheme and Scheme Administrator Designation) Regulations 2015

Made

10th November 2015

Coming into force in accordance with regulation 1

The Secretary of State makes the following Regulations in exercise of the powers conferred by sections 64(1)(b) and 65(1) and (2) of the Water Act 2014(1).

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 that Act.

Citation and commencementI1

1. These Regulations may be cited as the Flood Reinsurance (Scheme and Scheme Administrator Designation) Regulations 2015 and come into force on the day after the day on which they were made.

Designation of the Flood Reinsurance SchemeI2

2. The scheme described in the Scheme Document dated [F119th January 2022F1] and established by Flood Re Limited (registered number 08670444) is designated as the Flood Reinsurance Scheme for the purposes of Part 4 of the Water Act 2014(2).

Designation of the Flood Reinsurance Scheme administratorI3

3. Flood Re Limited is designated as the Flood Reinsurance Scheme administrator for the purposes of section 65(1) of the Water Act 2014.

Rory Stewart

Parliamentary under Secretary of State

Department for Environment, Food and Rural Affairs

10th November 2015

(2)

A copy of the Scheme Document is annexed to the Explanatory Memorandum which is available alongside these Regulations and can be found at www.legislation.gov.uk. A copy can also be obtained from Flood Re Limited at their current registered office which is 51 Gresham Street, London, EC2V 7HQ.

Status: There are currently no known outstanding effects for The Flood Reinsurance (Scheme and Scheme Administrator Designation) Regulations 2015.
The Flood Reinsurance (Scheme and Scheme Administrator Designation) Regulations 2015 (2015/1875)
Version from: 1 April 2022

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in force Provision is in force
in force* In force only for specified purposes (for detail about the purposes see/hover footnote)
not in force Not in force in England (may be in force in other geographies, see footnotes)
italics Defined term
dfn Defined term (alternative style)
gry bckgrd the in-force status of the provision is complex, check the footnotes
footnote commentary transitional and savings in force status related provisions geo extent insert/omit source count in force adj
F1 Words in reg. 2 substituted (1.4.2022) by The Flood Reinsurance (Amendment) Regulations 2022 (S.I. 2022/383), regs. 1(1), 2(1) (with reg. 2(2)) this amendment (text substituted) should be read in conjunction with other related provisions, see the commentary. substituted
I1 Reg. 1 in force at 11.11.2015, see reg. 1
I2 Reg. 2 in force at 11.11.2015, see reg. 1
I3 Reg. 3 in force at 11.11.2015, see reg. 1
Defined Term Section/Article ID Scope of Application

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