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Textual Amendments

SCHEDULESF1

SCHEDULE 17U.K. The Ombudsman Scheme

Modifications etc. (not altering text)

C1Sch. 17 applied (1.5.2009 for certain purposes and 1.11.2009 otherwise) by The Payment Services Regulations 2009 (S.I. 2009/209), regs. 1(2), 125 (with reg. 3)

Part IIU.K. The Scheme Operator

Establishment by the AuthorityU.K.

2(1)The Authority must establish a body corporate to exercise the functions conferred on the scheme operator by or under this Act.U.K.

(2)The Authority must take such steps as are necessary to ensure that the scheme operator is, at all times, capable of exercising those functions.