The Flood Reinsurance (Scheme Funding and Administration) Regulations 2015
Enters into force: 11 November 2015
Environmental protection - UK
The Flood Reinsurance (Scheme Funding and Administration) Regulations 2015 provide the Flood Reinsurance Scheme administrator with powers to raise a levy from the insurance industry to fund the Flood Reinsurance Scheme and set out the conditions by which the Flood Reinsurance Scheme must be managed, including how the Flood Reinsurance Scheme administrator will be directly accountable to Parliament.