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- Original (As enacted)
This is the original version (as it was originally enacted).
PART 2 Claims Management Services
Charges for claims management services
28.Power of FCA to make rules restricting charges for claims management services
29.PPI claims and charges for claims management services: general
30.PPI claims: interim restriction on charges before transfer of regulation to FCA
31.PPI claims: interim restriction on charges imposed by authorised persons after transfer of regulation to FCA
32.PPI claims: interim restriction on charges imposed by legal practitioners after transfer of regulation to FCA
33.Legal services regulators’ rules: charges for claims management services
34.Extension of power of the Law Society of Scotland to make rules
SCHEDULES
THE SINGLE FINANCIAL GUIDANCE BODY
MINOR AND CONSEQUENTIAL AMENDMENTS RELATING TO PART 1
4.Northern Ireland Assembly Disqualification Act 1975 (c. 25)
6.In section 1A(6) (functions of the FCA), after paragraph (c)...
7.In section 1B (FCA’s general duties), omit subsection (7A).
8.In section 1C (the consumer protection objective), in subsection (2),...
9.In section 1M (FCA’s general duty to consult), omit the...
10.In section 1S (reviews), in subsection (3) omit the words...
11.In section 3R (arrangements for provision of services), in subsection...
13.In section 138F (notification of rules), in subsection (2) (exceptions...
14.(1) Section 138I (consultation on rules by FCA) is amended...
15.In section 138J (consultation on rules by PRA), in subsection...
17.In section 140A (competition scrutiny: interpretation), in subsection (1), in...
18.In section 168 (appointment of persons to carry out investigations),...
19.Omit Part 20A (sections 333A to 333R; pensions guidance).
20.In section 429 (Parliamentary control of statutory instruments), in subsection...
21.(1) Schedule 1ZA (the Financial Conduct Authority) is amended as...
22.Omit Schedule 1A (further provision about the consumer financial education...
26.In section 2 (enhancing public understanding of financial matters etc),...
27.Omit Schedule 1 (further provision about the consumer financial education...
29.Omit section 45 and Schedule 15 (the consumer financial education...
30.In section 85 (relevant functions in relation to complaints scheme)—...
REGULATION OF CLAIMS MANAGEMENT SERVICES: TRANSFER SCHEMES
PART 2 TRANSFER OF PROPERTY AND STAFF FROM THE REGULATOR TO THE FCA
5.The property, rights and liabilities which are the subject of...
6.The property, rights and liabilities that may be the subject...
7.For the purpose of paragraph 6(b)— (a) an individual who...
11.A modification relating to a transfer that has taken effect...
12.A modification takes effect from such date as the Secretary...
PART 3 TRANSFER OF PROPERTY AND STAFF FROM THE OLC TO THE FOS
17.The Lord Chancellor may, with the approval of the Treasury,...
19.Paragraph 18 is subject to any express restriction on disclosure...
21.The property, rights and liabilities which are the subject of...
22.The property, rights and liabilities that may be the subject...
26.A modification relating to a transfer that has taken effect...
REGULATION OF CLAIMS MANAGEMENT SERVICES: TRANSITIONAL PROVISION
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Text created by the government department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Public Acts except Appropriation, Consolidated Fund, Finance and Consolidation Acts.
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