Non-statutory Trust definition
Examples of Non-statutory Trust in a sentence
We hold money collected from you for onward transmission to the insurer, and return premiums/credits/claim payments from insurers, in a Client Bank Account under a Non-statutory Trust in accordance with the authorisation we have from the Financial Conduct Authority to do so.
We hold client money collected for onward transmission to insurers and return premiums due to clients from insurers in a Client Bank Account, under a Non-statutory Trust in accordance with FCA rules.
Handling Client and Insurer Money We hold client money collected for onward transmission to insurers and return premiums (and claim payments) due to clients from insurers in a Client Bank Account, under a Non-statutory Trust in accordance with FCA rules.
Handling Client and Insurer money We hold client money collected for onward transmission to insurers, return premiums and claim payments due to clients from insurers in a Client Bank Account with Lloyds Bank, under a Non-statutory Trust in accordance with FCA rules.