Moved by
Baroness Northover
88B: Clause 51, page 108, line 8, leave out subsections (3) to (5) and insert—
“(3) The Secretary of State may by regulations make provision as to levels of reinsurance premiums payable by relevant insurers under the FR Scheme, and may make different provision for different purposes.”
88C: Clause 51, page 108, line 17, leave out from “different” to end of line 18 and insert “purposes by reference to the value of the household premises insured.”
88D: Clause 51, page 108, line 18, at end insert—
“( ) In this section “flood insurance” means insurance in respect of risks arising from a flood.”