| Revocation of nomination on behalf of policy owner lacking capacity |
| Revocation of nomination on behalf of policy owner lacking capacity |
| 5B.—(1) This regulation applies where a policy owner of a relevant policy lacks capacity within the meaning of section 4 of the Mental Capacity Act, and the court makes an order under section 20(2)(a) of the Mental Capacity Act in relation to the revoking, on the policy owner’s behalf, under section 49L(7) or 49M(4) of the Act, of any nomination under section 49L(2) or 49M(2) of the Act, as the case may be, made by the policy owner (before he lacked capacity) or by the court on the policy owner’s behalf. [S 859/2020 wef 01/10/2020]
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