SCHEDULES

SCHEDULE 4E+WREGULATION OF CLAIMS MANAGEMENT SERVICES: TRANSFER SCHEMES

PART 3 E+WTRANSFER OF PROPERTY AND STAFF FROM THE OLC TO THE FOS

Modification of a transfer schemeE+W

25E+WSubject to paragraphs 26 to 28, the OLC may modify a transfer scheme.

26E+WA modification relating to a transfer that has taken effect may be made only with the agreement of the person (or persons) affected by the modification.

Commencement Information

I2Sch. 4 para. 26 in force at 6.10.2018 by S.I. 2018/1045, reg. 2(b)

27E+WA modification is not to be capable of coming into effect unless it is approved by the Treasury and the Lord Chancellor.

Commencement Information

I3Sch. 4 para. 27 in force at 6.10.2018 by S.I. 2018/1045, reg. 2(b)

28E+WThe OLC may not submit a scheme to the Treasury or the Lord Chancellor for approval under paragraph 27 without the consent of the FOS and the FCA.

Commencement Information

I4Sch. 4 para. 28 in force at 6.10.2018 by S.I. 2018/1045, reg. 2(b)

29E+WA modification takes effect from such date as the OLC may specify, and that date may be the date when the original scheme came into effect.

Commencement Information

I5Sch. 4 para. 29 in force at 6.10.2018 by S.I. 2018/1045, reg. 2(b)