Textual Amendments
F1Sch. 1A inserted (8.4.2010 for certain purposes and 1.4.2011 otherwise) by Financial Services Act 2010 (c. 28), ss. 2(6), 26(1)(b)(k), Sch. 1 para. 1 (with Sch. 1 para. 2); S.I. 2010/2480, art. 3
4(1)The consumer financial education body may discharge the consumer financial education function by—U.K.
(a)supporting the doing by other persons of anything that it considers would enhance the understanding, knowledge or ability mentioned in [F2section 3S(3)]; or
(b)arranging for other persons to do anything that it considers would enhance that understanding, knowledge or ability.
(2)The reference in sub-paragraph (1)(a) to support includes financial support.
(3)The reference in sub-paragraph (1)(b) to arrangements includes arrangements under which payments are made to the other persons.
(4)Nothing in this paragraph is to limit other ways in which the consumer financial education body may discharge the consumer financial education function.
Textual Amendments
F2Words in Sch. 1A para. 4(1)(a) substituted (24.1.2013 for specified purposes, 1.4.2013 in so far as not already in force) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 15 para. 5 (with Sch. 20); S.I. 2013/113, art. 2(1)(c), Sch. Pt. 3; S.I. 2013/423, art. 3, Sch.
5(1)This paragraph applies if the consumer financial education body arranges for any person (including one established by or under an enactment) to do anything that it considers would enhance the understanding, knowledge or ability mentioned in [F3section 3S(3)].U.K.
(2)The person may do that thing despite any limitation on its capacity (whether under a rule of law or otherwise) which, but for this paragraph, would have applied.]
Textual Amendments
F3Words in Sch. 1A para. 5(1) substituted (24.1.2013 for specified purposes, 1.4.2013 in so far as not already in force) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 15 para. 6 (with Sch. 20); S.I. 2013/113, art. 2(1)(c), Sch. Pt. 3; S.I. 2013/423, art. 3, Sch.