(1)In relation to a referral of business within section 56(4)(a)—
(a)a regulator is any person listed in column 1 below;
(b)a regulated person is any person listed in column 2;
(c)a regulator in column 1 is the relevant regulator in relation to the corresponding person in column 2.
| 1. Regulator | 2. Regulated person |
|---|---|
| the [F1Financial Conduct Authority] | an authorised person (within the meaning of the Financial Services and Markets Act 2000) of a description specified in regulations made by the Treasury |
| the Claims Management Regulator | a person authorised by the Regulator under section 5(1)(a) of the Compensation Act 2006 to provide regulated claims management services |
| the General Council of the Bar | a person authorised by the Council to carry on a reserved legal activity within the meaning of the Legal Services Act 2007 |
| the Law Society | a person authorised by the Society to carry on a reserved legal activity within the meaning of the Legal Services Act 2007 |
| a regulatory body specified for the purposes of this subsection in regulations made by the Lord Chancellor | a person of a description specified in the regulations in relation to the body |
(2)In relation to a referral of prescribed legal business of any other kind—
(a)a regulator is any person listed in column 1 below and specified in relation to business of that kind in regulations made by the Lord Chancellor;
(b)a regulated person is any person specified in accordance with column 2 in relation to business of that kind;
(c)a person specified under paragraph (a) in relation to business of that kind is the relevant regulator in relation to a person specified in accordance with the corresponding entry in column 2 in relation to business of that kind.
| 1. Regulator | 2. Regulated person |
|---|---|
| the [F2Financial Conduct Authority] | an authorised person (within the meaning of the Financial Services and Markets Act 2000) of a description specified in regulations made by the Treasury |
| the Claims Management Regulator | a person who is authorised by the Regulator under section 5(1)(a) of the Compensation Act 2006 to provide regulated claims management services and is of a description specified in regulations made by the Lord Chancellor |
| an approved regulator for the purposes of Part 3 of the Legal Services Act 2007 (approved legal activities); | a person who is authorised by the regulator to carry on a reserved legal activity and is of a description specified in regulations made by the Lord Chancellor |
| a licensing authority for the purposes of Part 5 of that Act (alternative business structures) | a person who is licensed by the authority to carry on a reserved legal activity and is of a description specified in regulations made by the Lord Chancellor |
Textual Amendments
F1Words in s. 59(1) table substituted (1.4.2013) by Financial Services Act 2012 (c. 21), ss. 114(1), 122(3), Sch. 18 para. 138(4)(a) (with Sch. 20); S.I. 2013/423, art. 2, Sch.
F2Words in s. 59(2) table substituted (1.4.2013) by Financial Services Act 2012 (c. 21), ss. 114(1), 122(3), Sch. 18 para. 138(4)(b) (with Sch. 20); S.I. 2013/423, art. 2, Sch.