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Part XVIU.K. The Ombudsman Scheme

Modifications etc. (not altering text)

C1Pt. 16 applied (1.5.2009 for certain purposes and 1.11.2009 otherwise) by The Payment Services Regulations 2009 (S.I. 2009/209), regs. 1(2), 125 (with reg. 3)

[F1Successors to businessesU.K.

Textual Amendments

F1 S. 234B and cross-heading inserted (24.1.2013 for specified purposes) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 11 para. 12 (with Sch. 20); S.I. 2013/113, art. 2(1)(c), Sch. Pt. 3

234BTransfers of liabilityU.K.

(1)This section applies where a person (the “successor”) has assumed a liability (including a contingent one) of a person (the “predecessor”) who was, or (apart from this section) would have been, the respondent in respect of a complaint falling to be dealt with under the ombudsman scheme.

(2)The complaint may (but need not) be dealt with under this Part as if the successor were the respondent.]