SCHEDULES

F1SCHEDULE 1AFurther provision about the consumer financial education body

Annotations:
Amendments (Textual)
F1

Sch. 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

Part 2Funding

Meaning of “the relevant costs”

11

1

In this Part of this Schedule “the relevant costs” means—

a

the expenses incurred by the F2FCA in establishing the consumer financial education body; and

b

the expenses incurred, or expected to be incurred, by the consumer financial education body in connection with the discharge of the consumer financial education function.

2

For the purposes of sub-paragraph (1)(a) it does not matter when the expenses were incurred.