Citation 2010 c. 34 Territorial extent United Kingdom | Introduced by Mark Hoban Royal assent 16 December 2010 | |
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Long title An Act to provide finance for payments in cases where persons have been adversely affected by maladministration in the regulation before December 2001 of the Equitable Life Assurance Society; and for connected purposes. |
The Equitable Life (Payments) Act 2010 (c. 34) is an Act of the Parliament of the United Kingdom. It gives the HM Treasury the power to compensate more than a million policyholders adversely affected by the collapse of The Equitable Life Assurance Society in 1999.
References
Equitable Life (Payments) Act 2010 Wikipedia(Text) CC BY-SA