369 Insurers: service of petition etc on [FCA and PRA]
369 Insurers: service of petition etc on [FCA and PRA]

(1)     If a person other than [a regulator] presents a petition for the winding up of an authorised person with permission to effect or carry out contracts of insurance, the petitioner must serve a copy of the petition [on the appropriate regulator].

(2)     If a person other than [a regulator] applies to have a provisional liquidator appointed under section 135 of the 1986 Act (or Article 115 of the 1989 Order) in respect of an authorised person with permission to effect or carry out contracts of insurance, the applicant must serve a copy of the application [on the appropriate regulator].

[(3)     “The appropriate regulator” means—

(a)     in relation to a PRA-authorised person, the FCA and the PRA, and

(b)     in any other case, the FCA.