Short Title: | Equitable Life (Payments) Act 2010 |
Parliament: | Parliament of the United Kingdom |
Long Title: | An Act 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. |
Statute Book Chapter: | 2010 c. 34 |
Introduced By: | Mark Hoban |
Territorial Extent: | United Kingdom |
Royal Assent: | 16 December 2010 |
Status: | Current |
Legislation History: | http://services.parliament.uk/bills/2010-11/equitablelifepayments/stages.html |
Original Text: | http://www.legislation.gov.uk/ukpga/2010/34/enacted |
Revised Text: | http://www.legislation.gov.uk/ukpga/2010/34 |
The Equitable Life (Payments) Act 2010 (c. 34) is an Act of the Parliament of the United Kingdom. It gives HM Treasury the power to compensate more than a million policyholders adversely affected by the collapse of The Equitable Life Assurance Society in 1999.[1]