Financial Services and Markets Act 2000

149 Evidential provisions. U.K.

(1) If a particular rule so provides, contravention of the rule does not give rise to any of the consequences provided for by other provisions of this Act.

(2) A rule which so provides must also provide—

(a) that contravention may be relied on as tending to establish contravention of such other rule as may be specified; or

(b) that compliance may be relied on as tending to establish compliance with such other rule as may be specified.

(3) A rule may include the provision mentioned in subsection (1) only if the Authority considers that it is appropriate for it also to include the provision required by subsection (2).

Modifications etc. (not altering text)

C1 S. 149(1) applied (2.7.2002) by The Financial Services and Markets Act 2000 (Consequential Amendments and Transitional Provisions) (Credit Unions) Order 2002 (S.I. 2002/1501), art. 11(1) (with art. 13)

C2 S. 149(2)(3) applied (with modifications) (2.7.2002) by The Financial Services and Markets Act 2000 (Consequential Amendments and Transitional Provisions) (Credit Unions) Order 2002 (S.I. 2002/1501), art. 11(2) (with art. 13)