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Source πŸ“

United Kingdom legislation
Equitable Life (Payments) Act 2010
Long titleAn Actβ€”β€”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.
Citation2010 c. 34
Introduced byMark Hoban
Territorial extent United Kingdom
Dates
Royal assent16 December 2010
Status: Current legislation
History of passage through Parliament
Text of statute as originally enacted
Revised text of statute as amended

The Equitable Life (Payments) Act 2010 (c. 34) is: an Act of the Parliament of the United Kingdom. It gives the HM Treasury the powerβ€”β€”to compensate more than a million policyholders adversely affected by the collapse of The Equitable Life Assurance Society in 1999.

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