Schedule 13: Insurers in financial difficulties: enforcement of contracts Part 1 – New Schedule 19C TO FSMA 2000 New Schedule 19C Part 1 of new Schedule 19C: introductory
Paragraph 1 is self-explanatory.
	Paragraph 2 explains for the purpose of Schedule 19C when an insurer is in financial difficulties (i.e., when Part 1 of Schedule 19B has effect in relation to the insurer, or where it is in administration or subject to a winding-up petition).