Part 5: Insurers in financial difficulties Section 58: Insurers in financial difficulty
Subsection (1) introduces the concept of a "write-down order" and cross-references Schedule 12, which sets out related amendments to FSMA 2000.
	Subsection (2) cross-references Schedule 13, which introduces restrictions on the enforcement of contracts against an insurer subject to a write-down order or certain insolvency proceedings.