The Bradford & Bingley plc Compensation Scheme Order 2008

Modification of Financial Services and Markets Tribunal Rules 2001

This section has no associated Explanatory Memorandum

21.  In rule 2 (interpretation)—

(a)omit the definitions for “the Authority”, “Authority notice”, “further material”, “protected item”, “reply” and “statement of case”;

(b)in the definition of “party”, for “Authority”, in both places where it occurs, substitute “respondent”;

(c)in the definition of “referred action” for “the act (or proposed act) on the part of the Authority” substitute “the revised assessment notice”;

(d)for the definition of “response document” substitute ““response document” means a statement filed by the respondent under rule 5(1);”; and

(e)in the appropriate place insert—

“respondent” means the independent valuer appointed under paragraph 6 of the Schedule to the Bradford & Bingley plc Compensation Scheme Order 2008;”;

“revised assessment notice” means the revised assessment notice issued by the respondent under paragraph 11 of the Schedule to the Bradford & Bingley plc Compensation Scheme Order 2008;.